The following hospital and health system rating and outlook changes and affirmations took place during the past week, starting with the most recent.
1. Fitch affirms Washington Hospital’s 'BBB+' bond rating
Fitch Ratings affirmed the "BBB+" rating assigned to revenue bonds issued on behalf of Washington (Pa.) Hospital by the Washington County Hospital Authority.
2. Moody's assigns 'A1' rating to ProHealth's bonds, outlook negative
Moody's Investors Service assigned an "A1" rating to ProHealth Care's $129.97 million of revenue refunding bonds.
3. Moody's upgrades Firelands Regional Medical Center's bond rating
Moody's Investors Service upgraded Sandusky, Ohio-based Firelands Regional Medical Center's bond rating to "A3" from "Baa1."
4. Moody's: The University of Chicago Medical Center's outlook remains negative
Moody's Investors Service affirmed the "Aa3" rating assigned to The University of Chicago Medical Center's bonds and the hospital's negative outlook.
5. Moody's affirms Altru Health System's 'Baa1' rating
Moody's Investors Service affirmed the "Baa1" ratings on Grand Forks, N.D.-based Altru Health System's revenue bonds, affecting about $182 million of rated debt.
6. Moody's downgrades Mount Sinai Hospital's rating to 'A3'
Moody's Investors Service downgraded the ratings assigned to New York-based Mount Sinai Hospital's bonds to "A3" from "A2," which affects $367 million of outstanding debt.
7. Moody's affirms Mission Health System's bond rating
Moody's Investors Service affirmed the "Aa3" and "Aa3/VMIG 1" rating assigned to approximately $500.2 million of Asheville, N.C.-based Mission Health System's outstanding
debt issued through the North Carolina Medical Care Commission.
More articles on healthcare finance:
The 10 most popular healthcare finance stories of 2014
What it takes to run a hospital's finance team: Q&A with The Christ Hospital CFO Chris Bergman
Why are hospitals being penalized for reducing readmissions?