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. Moody's affirms Doctors Community Hospital's 'Baa3' rating
Moody's Investors Service affirmed Lanham, Md.-based Doctors Community Hospital's "Baa3" rating, affecting approximately $143 million of revenue bonds issued through the Maryland Health and Higher Educational Facilities Authority.

2. S&P raises SwedishAmerican Hospital's bond rating
Standard & Poor's Ratings Services raised its long-term rating to "A" from "A-" on the Illinois Finance Authority's series 2012 fixed rate bonds issued on behalf of SwedishAmerican Hospital in Rockford, Ill.  

3. Fitch upgrades Bryan Health's rating to 'AA-' from 'A+'
Fitch Ratings has upgraded the rating to "AA-" from "A+" on Lincoln, Neb.-based Bryan Health's revenue bonds.

4. Fitch affirms Temple University Health System's 'BB+' rating
Fitch Ratings affirmed the "BB+" rating on Philadelphia-based Temple University Health System's bonds.

5. Moody's assigns 'Baa2' rating to Princeton HealthCare System's bonds
Moody's Investors Service assigned a "Baa2" rating to Plainsboro, N.J.-based Princeton HealthCare System's proposed $212 million of series 2016A healthcare revenue bonds.

6. Moody's revises Mercy Health's outlook to stable
Moody's Investors Service affirmed Chesterfield, Mo.-based Mercy Health's "Aa3" rating, affecting approximately $874 million of fixed rate and auction rate revenue bonds. 

7. Moody's affirms Fairfield Medical Center's 'Baa2' rating
Moody's Investors Service affirmed the "Baa2" rating on Lancaster, Ohio-based Fairfield Medical Center's $95 million of outstanding rated bonds.

8. Moody's affirms Saint Francis Health System's 'Aa2' rating
Moody's Investors Service affirmed the "Aa2" rating on Tulsa, Okla.-based Saint Francis Health System's series 2006 bonds, affecting $200.5 million of outstanding debt.

More articles on healthcare finance:
Sutter Health Q3 operating income jumps 14.2%
Medicare cuts payments to 758 hospitals for HACs: 6 things to know
Majority of pre-retirees cite healthcare costs as top concern: 6 findings

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Top 40 Articles from the Past 6 Months