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 assigns 'A2' rating to Orlando Health
Moody's Investors Service assigned its "A2" rating to Orlando (Fla.) Health's proposed $484 million series 2018 revenue bonds.
2. S&P upgrades University of Vermont Medical Center's bond rating to 'A'
S&P Global Ratings upgraded Burlington-based University of Vermont Medical Center's long term rating and underlying rating to "A" from "A-." University of Vermont Medical Center is the flagship facility of the University of Vermont Health Network.
3. S&P revises Columbus Regional Healthcare System's outlook to positive
S&P Global Ratings affirmed its "BBB-" rating on Columbus (Ga.) Regional Healthcare System's $104.3 million revenue anticipation certificates.
4. Moody's assigns 'A3' rating to Tower Health's bonds
Moody's Investors Service assigned its "A3" rating to West Reading, Pa.-based Tower Health's $50 million series 2017A revenue bonds.
5. S&P downgrades University Health System to 'BBB'
S&P Global Ratings downgraded Knoxville, Tenn.-based University Health System's rating to "BBB" from "BBB+."
6. Fitch assigns 'AA-' to Providence St. Joseph Health
Fitch Ratings assigned its "AA-" rating to Renton, Wash.-based Providence St. Joseph Health's bonds, affecting $496 million of debt.