15 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. Moody's revises Erlanger Health System's outlook to positive
Moody's Investors Service affirmed the "Baa2" rating on Chattanooga, Tenn.-based Erlanger Health System's bonds issued through the Chattanooga-Hamilton County Hospital Authority.

2. Moody's downgrades Mission Hospital's rating to 'Ba2'
Moody's Investors Service downgraded Mission (Texas) Hospital's bond rating to "Ba2" from "Baa3," affecting $29.2 million of rated debt. 

3. Moody's affirms Stormont-Vail HealthCare's 'A2' rating
Moody's Investors Service affirmed the "A2" rating assigned to Topeka, Kan.-based Stormont-Vail HealthCare's fixed rate revenue bonds, affecting $166.3 million. 

4. Moody's revises Temple University Health System's outlook to developing
Moody's Investors Service affirmed the "Ba2" rating on Philadelphia-based Temple University Health System's bonds, affecting approximately $514 million of rated debt issued through the Hospitals and Higher Education Facilities Authority of Philadelphia. 

5. Moody's affirms Cullman Regional Medical Center's 'Ba1' rating
Moody's Investors Service affirmed the "Ba1" rating on Cullman (Ala.) Regional Medical Center's series 2009A bonds, affecting approximately $62.5 million of outstanding debt. 

6. Moody's affirms Longmont United Hospital's 'Baa2' rating
Moody's Investors Service affirmed the "Baa2" rating on the series 2006B revenue bonds issued by the Colorado Health Facilities Authority on behalf of Longmont (Colo.) United Hospital. The bonds have approximately $39 million of rated debt outstanding.

7. Moody's affirms Blue Ridge Healthcare's 'A3' rating
Moody's Investors Service affirmed the "A3" rating on Morganton, N.C.-based Blue Ridge Healthcare System's bonds, affecting $77 million of rated debt. 

8. Fitch upgrades Erlanger Health System's rating to 'BBB+'
Fitch Ratings upgraded the rating to "BBB+" from "BBB" on Chattanooga, Tenn.-based Erlanger Health System's $149 million of series 2014A hospital revenue and refunding bonds.

9. Fitch downgrades Reading Hospital's revenue bonds to 'A+'
Fitch Ratings downgraded the rating to "A+" from "AA-" on West Reading, Pa.-based Reading Hospital and Medical Center's following bonds.

10. Moody's revises Sisters of Charity of Leavenworth Health System's outlook to stable
Moody's Investors Service affirmed the "Aa3" and "Aa3/VMIG 1" revenue bond ratings on Broomfield, Colo.-based Sisters of Charity of Leavenworth Health System's $1.5 billion of rated debt. 

11. Moody's affirms Greenville Health System's 'A1' rating
Moody's Investors Service affirmed the "A1" rating assigned to Greenville (S.C.) Health System's bonds, affecting approximately $500 million of rated debt. 

12. Moody's affirms St. Joseph's Healthcare System's 'Baa3' rating
Moody's Investors Service affirmed the "Baa3" rating on Paterson, N.J.-based St. Joseph's Healthcare System's outstanding debt, affecting approximately $227.2 million.

13. Moody's affirms Pipestone County Medical Center's 'MIG 1' rating
Moody's Investors Service affirmed the "MIG 1" rating assigned to Pipestone (Minn.) County Medical Center's series 2014 healthcare revenue bond anticipation notes. 

14. Moody's affirms The Christ Hospital's 'A3' rating
Moody's Investors Service affirmed the "A3" rating on Cincinnati-based The Christ Hospital's bonds, affecting $324 million of rated debt. 

15. Moody's affirms Salina Regional Health Center's 'A1' rating
Moody's Investors Service affirmed the "A1" rating on Salina (Kan.) Regional Health Center's bonds, affecting approximately $53 million of rated debt.

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