1. Moody’s assigns ‘A1’ rating to El Camino Hospital’s bonds
Moody’s Investors Service assigned an “A1” rating to Mountain View, Calif.-based El Camino Hospital’s proposed $266 million of series 2016 fixed rate revenue bonds.
2. Moody’s affirms ‘Aa1’ rating on RWJBarnabas Health’s LOC-backed bonds
Moody’s Investors Service affirmed the “Aa1” joint support letter of credit-backed ratings on West Orange, N.J.-based RWJBarnabas Health’s series 2014B, series 2013B, series 2011B and series 2011C bonds.
3. Fitch assigns ‘A’ rating to Edward-Elmhurt Healthcare’s bonds
Fitch Ratings assigned an “A” rating to Naperville, Ill.-based Edward-Elmhurst Healthcare’s $189.4 million of series 2016A fixed rate revenue bonds.
4. S&P assigns ‘AA-‘ rating to Piedmont Healthcare’s bonds
S&P Global Ratings assigned an “AA-” rating to Atlanta-based Piedmont Healthcare’s $404.2 million of series 2016A revenue bonds.
5. S&P lowers Huntington Memorial Hospital’s rating to ‘A-‘
S&P Global Ratings lowered the rating on Pasadena, Calif.-based Huntington Memorial Hospital’s $232 million of series 2005, 2014A and 2014B bonds to “A-” from “A.”
6. S&P raises Children’s Hospitals and Clinics of Minnesota’s rating to ‘AA-‘
S&P Global Ratings raised the rating to “AA-” from “A+” on Minneapolis-based Children’s Hospitals and Clinics of Minnesota’s series 2010A, 2004A, 2004B, 2007A, 1995A and 2004A-1 bonds.
7. Fitch assigns ‘AA-‘ rating to Cedars-Sinai Medical Center’s bonds
Fitch Ratings assigned an “AA-” rating to Los Angeles-based Cedars-Sinai Medical Center’s $275 million of series 2016A bonds and $400 million of series 2016B bonds.
8. Moody’s downgrades Sauk Prairie Memorial Hospital’s rating to ‘B1’
Moody’s Investors Service downgraded Prairie du Sac, Wis.-based Sauk Prairie Memorial Hospital’s rating to “B1” from “Ba1,” affecting approximately $38 million of series 2013A fixed rate bonds.
9. S&P revises Trinity Health’s outlook to stable
S&P Global Ratings revised Minot, N.D.-based Trinity Health’s outlook to stable from negative.
10. S&P downgrades Hunt Memorial Hospital District’s debt to ‘A+’
S&P Global Ratings downgraded the long-term and underlying ratings on Greenville, Texas-based Hunt Memorial Hospital District’s general obligation debt to “A+” from “AA-.”
11. Fitch affirms Berkshire Health Systems’ ‘A-‘ rating
Fitch Ratings has affirmed the “A-” rating on Pittsfield, Mass.-based Berkshire Health Systems’ $83.7 million of series 2012G bonds and $23.5 million of series 2005F bonds.
12. Moody’s downgrades Adventist HealthCare’s rating to ‘Baa3’
Moody’s Investors Service downgraded the rating on Gaithersburg, Md.-based Adventist HealthCare’s outstanding bonds to “Baa3” from “Baa2.”
13. Moody’s assigns ‘Aa3’ rating to Cedars-Sinai Medical Center’s bonds
Moody’s Investors Service assigned an “Aa3” rating to Los Angeles-based Cedars-Sinai Medical Center’s series 2016A and series 2016B bonds, expected to be issued in an aggregate amount of $675 million.
14. Moody’s assigns ‘MIG 1’ rating to United Hospital District’s BANs
Moody’s Investors Service assigned an “MIG 1” rating to Blue Earth, Minn.-based United Hospital District’s proposed $22 million of series 2016A and $22 million of series 2016B bond anticipation notes.
15. Moody’s assigns ‘A2’ rating to United Hospital District’s bonds
Moody’s Investors Service assigned an “A2” rating to Blue Earth, Minn.-based United Hospital District’s series 2016 bonds.
16. Moody’s affirms Southcoast Health System’s ‘A3’ rating
Moody’s Investors Service affirmed New Bedford, Mass.-based Southcoast Health System’s “A3” rating on approximately $152 million of rated debt.
17. Moody’s revises Wake Forest Baptist Medical Center’s outlook to positive
Moody’s Investors Service revised Winston-Salem, N.C.-based Wake Forest Baptist Medical Center’s outlook to positive.
18. S&P assigns ‘A’ rating to Wake Forest Baptist Medical Center’s bonds
S&P Global Ratings assigned an “A” rating to Winston-Salem, N.C.-based Wake Forest Baptist Medical Center’s $150 million of series 2016 bonds.
19. Fitch affirms Stanford Health Care’s ‘AA,’ ‘AA/F1+’ ratings
Fitch Ratings affirmed the “AA” rating on Stanford (Calif.) Health Care’s outstanding debt and the “AA/F1+” ratings on bonds supported by SHC’s self-liquidity.
20. Moody’s revises Piedmont Healthcare’s outlook to negative
Moody’s Investors Service revised Atlanta-based Piedmont Healthcare’s outlook to negative from stable.
21. Moody’s assigns initial ‘Ba1’ rating to Oaklawn Hospital’s bonds
Moody’s Investors Service assigned an initial “Ba1” rating to Marshall, Mich.-based Oaklawn Hospital’s proposed $73.7 million of series 2016 bonds.
22. Moody’s downgrades Fremont-Rideout Health Group’s rating to ‘Ba3’
Moody’s Investors Service downgraded Marysville, Calif.-based Fremont-Rideout Health Group’s rating to “Ba3” from “Baa2,” affecting approximately $112 million of debt.
More articles on healthcare finance:
Cedars-Sinai operating margin dips slightly to 9.3%
5 hospitals with strong finances
4 hospital CFOs in the headlines