14 recent hospital outlook and credit rating actions

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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 Verity Health System's outlook to stable
Standard & Poor's Ratings Services revised Redwood City, Calif.-based Verity Health System's outlook to stable from negative.

2. S&P assigns 'AA-' rating to Baylor Scott & White Health's bonds
Standard & Poor's Ratings Services assigned an "AA-" rating to Dallas-based Baylor Scott & White Health's series 2016A fixed rate revenue bonds, affecting $381.9 million. 

3. Fitch affirms Catholic Health Services of Long Island's 'BBB+' rating
Fitch Ratings affirmed the "BBB+" rating on Rockville Centre, N.Y.-based Catholic Health Services of Long Island's bonds.

4. Moody's affirms Magnolia Regional Health Center's 'Baa2' rating
Moody's Investors Service affirmed Corinth, Miss.-based Magnolia Regional Health Center's "Baa2" rating, affecting $80 million of outstanding revenue bonds.

5. Moody's affirms Bellin Memorial Hospital's 'A2' rating
Moody's Investors Service affirmed Green Bay, Wis.-based Bellin Memorial Hospital's "A2" rating, affecting approximately $60 million of rated debt issued through the Wisconsin Health and Educational Facilities Authority.  

6. Moody's assigns 'Aa2' rating to BayCare Health System's bonds
Moody's Investors Service assigned an "Aa2" rating to Tampa, Fla.-based BayCare Health System's series 2016A fixed rate bonds, affecting $225 million.

7. Moody's downgrades Baptist Health South Florida's rating to 'Aa3'
Moody's Investors Service downgraded the rating to "Aa3" from "Aa2" on Miami-based Baptist Health South Florida's bonds and taxable notes. 

8. Moody's affirms CentraState Medical Center's 'Baa1' rating
Moody's Investors Service affirmed Freehold, N.J.-based CentraState Medical Center's "Baa1" rating, affecting $39 million of outstanding debt.

9. Fitch downgrades Presence Health's rating to 'BBB'
Fitch Ratings has downgraded the ratings to "BBB" from "BBB+" on Chicago-based Presence Health's bonds.

10. S&P revises Reid Health's outlook to negative
Standard & Poor's Ratings Services revised the outlook to negative from stable and affirmed the "A" long-term rating on Richmond, Ind.-based Reid Health's series 2015A fixed-rate bonds, affecting $91.99 million.

11. S&P raises Memorial Healthcare System's rating to 'AA'
Standard & Poor's Ratings Services raised the rating to "AA" from "AA-" on Hollywood, Fla.-based Memorial Healthcare System's series 2015 healthcare revenue bonds. 

12. Fitch affirms FirstHealth of the Carolinas' 'AA' rating
Fitch Ratings affirmed the "AA" rating on Pinehurst, N.C.-based FirstHealth of the Carolinas' revenue bonds, affecting approximately $97.7 million. 

13. Moody's affirms University of Iowa Health and Clinics' 'Aa2' rating
Moody's Investors Service affirmed Iowa City-based University of Iowa Hospitals and Clinics' "Aa2" rating, affecting approximately $295 million of rated debt issued through the Iowa Board of Regents. 

14. Moody's assigns 'Aa3' rating to Baylor Scott & White Health's bonds
Moody's Investors Service assigned an "Aa3" rating to Dallas-based Baylor Scott & White Health's proposed $536 million of series 2016 taxable bonds and proposed $382 million of series 2016A tax-exempt bonds.

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