9 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. Fitch assigns 'BBB+' rating to Halifax Health's bonds
Fitch Ratings assigned a "BBB+" rating to Port Orange, Fla.-based Halifax Health's series 2016 bonds, affecting $158 million. 

2. Moody's affirms Northwest Community Hospital's 'A2' rating
Moody's Investors Service affirmed Arlington Heights, Ill.-based Northwest Community Hospital's "A2" rating, affecting $212 million of debt.

3. S&P assigns 'A-' rating to Halifax Health's bonds
Standard & Poor's Ratings Services assigned an "A-" rating to Port Orange, Fla.-based Halifax Health's $158 million of series 2016 revenue refunding bonds. 

4. Fitch revises Mississippi Baptist Health System's outlook to negative
Fitch Ratings affirmed the "BBB" rating on Jackson-based Mississippi Baptist Health System's bonds.

5. Moody's affirms Jupiter Medical Center's 'Baa2' rating
Moody's Investors Service affirmed the "Baa2" rating on Jupiter (Fla.) Medical Center's series 2013A bonds, affecting $42.7 million of debt.

6. Fitch assigns 'AA-' rating to Rady Children's Hospital's bonds
Fitch Ratings assigned an "AA-" rating to San Diego-based Rady Children's Hospital's bonds.

7. Moody's affirms Holy Redeemer Health System's 'Baa3' rating
Moody's Investors Service affirmed Meadowbrook, Pa.-based Holy Redeemer Health System's "Baa3" rating, affecting approximately $76 million of debt. 

8. Moody's downgrades Broward Health's rating to 'Baa2' from 'A2'
Moody's Investors Service downgraded Fort Lauderdale, Fla.-based Broward Health's underlying rating to "Baa2" from "A2."  

9. Moody's downgrades Mission Regional Medical Center's rating to 'Caa1'
Moody's Investors Service downgraded Mission (Texas) Regional Medical Center's rating to "Caa1" from "Ba2," affecting $26.4 million of outstanding rated debt.

More articles on healthcare finance:
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HHS hits goal of shifting 30% of Medicare payments to alternative models
HIMSS cost accounting survey: Provider preparedness for value varies by region

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