7 recent hospital, health system outlook and credit rating actions

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

1. Fitch upgrades Deaconess Health System to 'AA'
Fitch Ratings upgraded Evansville, Ind.-based Deaconess Health System's bond ratings to "AA" from "AA-," affecting about $233 million of debt.

2. Fitch assigns 'AA-' issuer default rating to Billings Clinic
Fitch Ratings assigned Billings (Mont.) Clinic an issuer default rating of "AA-." Concurrently, the credit agency assigned its "AA-" rating on Billings Clinic's series 2018 bonds.

3. Moody's affirms 'Baa2' on Memorial Hospital at Gulfport
Moody's Investors Service affirmed its "Baa2" rating on Memorial Hospital at Gulfport (Miss.), affecting about $50 million of debt.  

4. Moody's assigns 'A1' rating to Sarasota County Public Hospital District's bonds
Moody's Investors Service assigned its "A1" rating to Sarasota (Fla.) County Public Hospital District's proposed $350 million series 2018 revenue bonds. The district does business as Sarasota Memorial Health Care System.

5. Moody's assigns 'A2' to University Hospitals Health System
Moody's Investors Service assigned its "A2" rating to Cleveland-based University Hospitals Health System's proposed $350 million series 2018A-F revenue bonds.

6. Moody's affirms 'Baa2' on Holy Name Medical Center
Moody's Investors Service affirmed its "Baa2" rating on Teaneck, N.J.-based Holy Name Medical Center's revenue bonds. The rating action affects $36 million of debt.  

7. Fitch assigns 'A+' default rating, positive outlook to St. Tammany Parish Hospital Service District
Fitch Ratings assigned its "A+" issuer default rating to Covington, La.-based St. Tammany Parish Hospital Service District No.1.

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