7 recent hospital outlook and credit rating actions


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

 1. Moody's affirms 'Baa2' rating on Princeton Health Care System's bonds
Moody's Investors Service affirmed the "Baa2" rating on Plainsboro, N.J.-based Princeton Health Care System's bonds, affecting approximately $188 million in debt.

2. Fitch issues 'AA-' median rating for nonprofit children's hospitals
Fitch Ratings issued a strong "AA-" median rating for nonprofit children's hospitals due to various factors, such as the hospitals' unique credit profile. 

3. Fitch downgrades Midland County Hospital District's bonds to 'A+'
Fitch Ratings downgraded the rating to "A+" from "AA" on Midland (Texas) County Hospital District's $102.1 million of series 2009A and series 2009B limited tax bonds.

4. Moody's assigns 'A1' rating to Carilion Clinic's bonds
Moody's Investors Service affirmed the "A1" rating on Roanoke, Va.-based Carilion Clinic's outstanding bonds, affecting $401.5 million of rated debt. 

5. Moody's downgrades Baptist Healthcare's existing debt and planned debt offering
Moody's Investors Service downgraded the "A3" rating on Louisville, Ky.-based Baptist Healthcare System's existing debt to "Baa2."

6. Moody's revises Mount Sinai Hospital's outlook to stable
Moody's Investors Service affirmed the "A3" rating on New York City-based Mount Sinai Hospital, affecting approximately $315 million in bonds.

7. Moody's affirms Forrest County General Hospital's 'A2' rating
Moody's Investors Service has affirmed the "A2" rating on Hattiesburg, Miss.-based Forrest County General Hospital's outstanding rated revenue bonds, affecting $108 million. 

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