5 recent hospital, health system outlook and credit rating actions

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

1. Moody's affirms 'A1' rating on Genesis Health System
Moody's Investors Service affirmed its "A1" rating on Davenport, Iowa-based Genesis Health System, affecting $166 million of debt.  

2. Fitch assigns 'BBB-' rating to Prime Healthcare Foundation's bonds
Fitch Ratings assigned its "BBB-" rating to Ontario, Calif.-based Prime Healthcare Foundation's proposed $123 million series 2018A and $127 million series 2018B.

3. Fitch upgrades Columbus Regional Health to 'BBB-'
Fitch Ratings upgraded Columbus (Ind.) Regional Health to "BBB-" from "BB+," affecting approximately $268.589 million of debt.  

4. Moody's affirms 'A3' rating on H. Lee Moffitt Cancer Center
Moody's Investors Service affirmed its "A3" rating on Tampa, Fla.-based H. Lee Moffitt Cancer Center's bonds, affecting $131 million of debt.  

5. Fitch affirms 'BBB+' rating on Catholic Health Initiatives, resolves rating watch evolving
Fitch Ratings affirmed its "BBB+" rating on Englewood, Colo.-based Catholic Health Initiatives and removed the health system from rating watch evolving, affecting $5.7 billion of outstanding debt.

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