9 recent hospital, health system outlook and credit rating actions

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

1. S&P affirms 'A+' rating on St. Clair Memorial Hospital of Pittsburgh

S&P Global Ratings affirmed its "A+" rating on St. Clair Memorial Hospital of Pittsburgh's series 2012 revenue bonds.  

2. Moody's affirms 'Baa1' rating on Martin Memorial Medical Center
Moody's Investors Service affirmed its "Baa1" rating on Stuart, Fla.-based Martin Memorial Medical Center's outstanding bonds, affecting approximately $260 million of debt.  

3. Fitch affirms 'A' rating on Bon Secours' bonds
Fitch Ratings affirmed its "A" rating on Marriottsville, Md.-based Bon Secours Health System's outstanding bonds, affecting $641 million of debt.

4. Fitch assigns 'AA-' rating to UnityPoint Health
Fitch Ratings assigned its "AA-" rating to West Des Moines, Iowa-based UnityPoint Health's proposed $82 million series 2018A bonds. Fitch also assigned the health system an issuer default rating of "AA-." 

5. Moody's affirms 'A3' rating on Middlesex Hospital
Moody's Investors Service affirmed its "A3" rating on Middletown, Conn.-based Middlesex Hospital, affecting approximately $40 million of rated debt.  

6. Moody's affirms 'Aa2' rating on University of Utah Hospitals and Clinics
Moody's Investors Service affirmed its "Aa2" rating on Salt Lake City-based University of Utah Hospitals and Clinics, affecting approximately $74 million of rated debt. 

7. S&P upgrades Phoenix Children's Hospital to 'A-'
S&P Global Ratings upgraded Phoenix Children's Hospital's long-term rating to "A-" from "BBB+."

8. Fitch assigns 'BBB+' rating to Jupiter Medical Center
Fitch Ratings assigned its "BBB+" issuer default rating to Jupiter (Fla.) Medical Center. 

9. Fitch assigns 'AA-' rating Hawai'i Pacific Health
Fitch Ratings assigned its "AA-" issuer default rating to Honolulu-based Hawai'i Pacific Health.

More articles on healthcare finance:
Good Samaritan Hospital receives $21M gift from Berkshire Hathaway chairman
Moody's: Nonprofit hospital rating downgrades rose sharply in 2017
Disney pledges $100M to enhance the patient experience at children's hospitals

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