12 recent hospital outlook and credit rating actions

The following hospital and health system rating and outlook changes and affirmations took place in the last week, starting with the most recent.

 

1. S&P revises outlook on Main Line Health's bonds
S&P revised the outlook to positive from stable and affirmed the "AA" rating on Philadelphia-based Main Line Health System's 2010A and 2012A fixed rate bonds.

2. Moody's affirms West Virginia United Health's 'A2' rating
Moody's Investors Service affirmed the "A2" rating on Morgantown-based West Virginia United Health System's bonds issued through the West Virginia Hospital Finance Authority, affecting $480 million.

3. S&P raises rating on Anderson Hospital's bonds
S&P raised its long-term rating on series 2006 revenue bonds issued on behalf of Maryville, Ill.-based based Anderson Hospital to "BBB+" from "BBB-." 

4. Fitch affirms Aurora Health Care's bond rating
Fitch Ratings affirmed the "A" rating on approximately $1.3 billion of bonds issued on behalf of Milwaukee-based Aurora Health Care by the Wisconsin Health and Educational Facilities Authority.  

5. Moody's assigns 'Aa3' to Sutter Health's bonds
Moody's Investors Service has assigned an "Aa3" rating to Sacramento, Calif.-based Sutter Health's proposed series 2015A fixed rate refunding revenue bonds. Moody's has also affirmed the "Aa3" rating on Sutter Health's outstanding parity debt.

6. S&P revises Anne Arundel Health System's rating to 'A'
Standard & Poor's raised its long-term rating on Annapolis, Md.-based Anne Arundel Health System's bonds to "A" from "A-". 

7. S&P assigns 'A' rating to Vail Valley Medical Center's bonds
S&P assigned an "A" long-term rating to 2015 revenue bonds issued on behalf of Vail (Colo.) Valley Medical Center by the Colorado Health Facilities Authority. 

8. S&P assigns 'A+' rating to Sanford Health's bonds
S&P assigned an "A+" long-term rating to $183 million of fixed rate series 2015A bonds issued on behalf of Sioux Falls, S.D.-based Sanford Health by the South Dakota Health & Educational Facilities Authority. 

9. Moody's changes outlook to negative on UPMC's bonds
Moody's Investors Service assigned an "Aa3" rating on the University of Pittsburgh Medical Center's proposed $130 million of series 2015B revenue bonds issued through the Pennsylvania Economic Development Financing Authority.

10. Moody's downgrades Sonoma Valley Health District's GO bonds to 'Baa1'
Moody's Investors Service downgraded Sonoma (Calif.) Valley Health Care District's general obligation bonds to 'Baa1' from 'A1,' affecting approximately $23 million of rated GO debt. 

11. Moody's affirms New Hanover Regional Medical Center's 'A1' rating
Moody's Investors Service affirmed the "A1" rating on Wilmington, N.C.-based New Hanover Regional Medical Center's outstanding debt, affecting approximately $289 million.

12. Fitch affirms Norman Regional Hospital Authority's 'BBB-' rating
Fitch Ratings affirmed the "BBB-" rating on the following bonds issued by Norman (Okla.) Regional Hospital Authority.

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