5 recent hospital outlook and rating actions

The following hospital and health system rating and outlook changes and affirmations have taken place since July 2, starting with the most recent.

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1. Moody’s revises St. Joseph’s Hospital Health System’s outlook to stable: 4 things to know
Moody’s Investors Service affirmed the “Ba2” rating on Syracuse, N.Y.-based St. Joseph’s Hospital Health Center’s bonds and revised the hospital health center’s outlook to stable from negative.

2. Fitch upgrades Mount Sinai Medical Center’s bond rating: 4 things to know
Fitch Ratings upgraded the rating assigned to revenue and refunding bonds issued on behalf of Miami Beach, Fla.-based Mount Sinai Medical Center to “BBB+” from “BBB” and revised the system’s outlook to stable from positive.

3. S&P raises El Camino Hospital District’s bond rating
S&P raised its rating on Calif.-based El Camino Hospital District’s 2006 GO bonds from “AA-” to “AA.”  

4. Moody’s rates Lehigh Valley Health Network’s bonds
Moody’s Investors Service assigned an “A1” rating to Allentown, Pa.-based Lehigh Valley Health Network’s proposed revenue bonds, affecting approximately $477 million of series 2015A bonds to be issued through the Lehigh County General Purpose Authority.

5. S&P upgrades Hardin Memorial Hospital’s outlook to positive
S&P revised its outlook on Hardin Memorial Hospital in Elizabethtown, Ky., to positive from stable.

 

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