S&P lowers rating on Memorial Hospital of Sweetwater County to 'BBB-'

S&P has lowered its long-term rating to "BBB-" from "BBB" on Rock Springs, Wyo.-based Memorial Hospital of Sweetwater County's series 2013A fixed rate revenue bonds, affecting $26.8 million.

"The rating action reflects the application of our U.S. nonprofit acute care standalone hospitals criteria," said S&P credit analyst Allison Bretz.

The outlook is stable, reflecting S&P's anticipation that MHSC will continue to improve financial performance.

More hospital outlook and credit rating actions:
S&P revises Miami Children's Hospital's rating to 'A+'
Moody's downgrades Reading Hospital and Medical Center's rating to 'A2'
Moody's places Fremont-Rideout Health Group's 'A3' rating under review for downgrade

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