The following hospital and health system rating and outlook changes and affirmations took place during the past week, starting with the most recent.
1. Moody's affirms Milford Regional Medical Center's bond rating
Moody's Investors Service affirmed the "Baa3" rating on Milford (Mass.) Regional Medical Center's series 2007E and series 2014F bonds issued through the Massachusetts Development Finance Agency.
2. Moody's assigns 'Baa1' rating to Butler Health System's bonds
Moody's Investors Service assigned a "Baa1" long-term rating to $91.23 million of Butler (Pa.) Health System's series 2015A hospital revenue bonds to be issued through the Butler County Hospital Authority.
3. Fitch affirms University of Maryland Medical System's bond rating
Fitch Ratings affirmed the "A" rating on approximately $1.1 billion of revenue bonds issued on behalf of University of Maryland Medical System in Baltimore.
4. Fitch assigns 'A' rating to Reid Hospital and Health Care Services' bonds
Fitch Ratings assigned an "A" rating to the expected issuance of approximately $85.4 million of series 2015A revenue refunding bonds on behalf of Reid Hospital & Health Care Services in Richmond, Ind.
5. Moody's affirms rating on Northern Hospital of Surry County's bonds
Moody's Investors Service affirmed the "Baa3" rating assigned to Mount Airy, N.C.-based Northern Hospital of Surry County's bonds.
6. Fitch rates Butler Health System's bonds
Fitch Ratings assigned an "A-" long-term rating to the expected issuance of approximately $91.2 million of series 2015A revenue bunds through the Butler County Hospital Authority on behalf of Butler (Pa.) Health System.
7. Moody's assigns 'Aa3' ratings to Trinity Health's bonds
Moody's Investors Serivce assigned "Aa3" ratings to $151 million of Trinity Health Credit Group's proposed series 2015MD revenue bonds to be issued through Montgomery County; $640 million of Trinity's proposed series 2015MI hospital revenue and refunding bonds to be issued through Michigan Finance Authority; $169 million of Trinity's Series 2015ID revenue bonds to be issued through Idaho Health Facilities Authority; and $350 million of Trinity's series 2015 taxable bonds.
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