1. Fitch downgrades Loma Linda University Medical Center’s bond rating
Fitch Ratings downgraded the rating on approximately $683 million of series 2014A-C revenue bonds issued on behalf of Loma Linda (Calif.) University Medical Center by the California Statewide Communities Development Authority to “BB+” from “BBB-.”
2. Moody’s downgrades Antelope Valley Healthcare District’s rating
Moody’s Investors Service downgraded the ratings on Lancaster, Calif.-based Antelope Valley Healthcare District’s revenue bonds to “Ba3,” affecting approximately $97 million of rated debt.
3. Fitch affirms Trinity Mother Frances Health System’s rating
Fitch Ratings affirmed the “BBB+” rating on Tyler, Texas-based Trinity Mother Frances Health System’s series 2011, 2007A and 2007 B revenue bonds.
4. Moody’s affirms South Jersey Hospital’s ‘A2’ rating
Moody’s Investors Service affirmed the long-term “A2” rating on Vineland, N.J.-based South Jersey Hospital System’s $139.2 million of outstanding debt. The system makes up 72 percent of the total assets of its parent corporation, Woodbury, N.J.-based Inspira Health Network.
5. S&P revises Pinnacle Health System’s rating to stable
S&P revised the outlook on Harrisburg, Pa.-based Pinnacle Health System’s revenue debt to positive from stable. In addition, S&P has affirmed its “A” rating on the system’s debt.
6. Moody’s affirms Virginia Mason Medical Center’s ‘Baa2’ rating
Moody’s Investors Service affirmed Seattle-based Virginia Mason Medical Center’s “Baa2” long-term and underlying revenue bond ratings, affecting $451 million of rated debt.
7. Moody’s affirms Miami Valley Hospital’s ‘Aa3’ rating
Moody’s Investors Service affirmed the “Aa3” and “Aa3/VMIG 1” ratings on Dayton, Ohio-based Miami Valley Hospital’s bonds, affecting approximately $289 million of revenue bonds.
8. Moody’s affirms Upper Valley Medical Center’s ‘A2’ rating
Moody’s Investors Service affirmed the “A2” rating on Troy, Ohio-based Upper Valley Medical Center’s series 2006 bonds, affecting $43.6 million of revenue bonds.
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