8 recent hospital outlook and credit rating actions

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

1. S&P raises Chesire Medical Center's rating to 'A'
S&P Global Ratings raised its rating to "A" from "A-" on Keene, N.H.-based Cheshire Medical Center's series 2012 revenue bonds.

2. Fitch affirms King's Daughters Medical Center's 'A-' rating
Fitch Ratings affirmed the "A-" rating on Ashland, Ky.-based King's Daughters Medical Center's $228.6 million of bonds.

3. Fitch affirms MultiCare Health System's 'AA-' rating
Fitch Ratings affirmed the "AA-" rating on Tacoma, Wash.-based MultiCare Health System's $888.6 million of rated debt. 

4. Moody's affirms Summit Health's 'A2' rating
Moody's Investors Service affirmed Chambersburg, Pa.-based Summit Health's "A2" rating, affecting approximately $119.3 million of outstanding debt. 

5. Moody's revises Mercy Hospital's outlook to negative
Moody's Investors Service revised Iowa City, Iowa-based Mercy Hospital's outlook to negative from stable and affirmed its "Baa2" rating, affecting approximately $76 million of outstanding revenue bonds.

6. Moody's assigns 'A1' rating to Arkansas Children's Hospital's bonds
Moody's Investors Service assigned an "A1" rating to Little Rock-based Arkansas Children's Hospital's proposed $88 million of series 2016 fixed rate hospital revenue refunding bonds. 

7. S&P assigns 'BB+' rating to Madison Memorial Hospital's bonds
S&P Global Ratings assigned a "BB+" long-term rating to Rexburg, Idaho-based Madison Memorial Hospital's $45 million of series 2016 revenue refunding bonds, as well as its series 2006 revenue certificates of participation. 

8. S&P rates University of Vermont Medical Center's bonds
S&P Global Ratings assigned its "A-" long-term rating to $89 million series 2016 B green bonds issued on behalf of University of Vermont Medical Center in Burlington by the Vermont Educational & Health Building Financing Agency.

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