7 recent hospital, health system outlook and credit rating actions

The following hospital and health system credit rating and outlook changes or affirmations occurred in the last two weeks, beginning with the most recent:

1. S&P revises outlook for Baptist Memorial Health Care to negative

S&P Global Ratings revised its outlook for Memphis, Tenn.-based Baptist Memorial Health Care from stable to negative.

2. Moody's affirms 'A2' rating for HealthPartners

Moody's Investors Service affirmed its "A2" rating for Bloomington, Minn.-based HealthPartners, affecting $488 million of rated debt.

3. Moody's affirms 'Aa3' rating for Cedars-Sinai Medical Center

Moody's Investors Service affirmed its "Aa3" rating for Los Angeles-based Cedars-Sinai Medical Center, affecting $1.1 billion of outstanding debt.

4. Moody's affirms 'A2' rating for Concord Hospital

Moody's Investors Service affirmed its "A2" rating for Concord (N.H.) Hospital, affecting $126 million of debt.

5. Moody's downgrades Holy Redeemer Health System to "Ba1"

Moody's Investors Service has downgraded Meadowbrook, Pa.-based Holy Redeemer Health System's rating from "Baa3" to "Ba1," affecting $45.8 million in rated debt.

6. Moody's affirms 'Baa3' rating for Cullman Regional Medical Center

Moody's Investors Service has affirmed its "Baa3" rating for Cullman (Ala.) Regional Medical Center.

7. Moody's upgrades Novant Health rating to 'Aa3'

Moody's Investors Service has upgraded the rating of Winston-Salem, N.C.-based Novant Health from "A1" to "Aa3," affecting $1.3 billion of rated debt.

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