S&P revises Marshfield Clinic's outlook to negative

Standard & Poor's Ratings Services has revised Marshfield (Wis.) Clinic's outlook to negative from stable.

"The outlook revision reflects our view of Marshfield's likely additional capital spending and possible debt over the next couple of years to execute on some key strategies, coupled with a financial operating profile that has improved in 2015 but has been somewhat uneven over the past few years," said S&P credit analyst Suzie Desai.

S&P also affirmed the "A-" long-term rating on Marshfield Clinic's series 2012B fixed rate bonds and the "A-" underlying rating on its series 2012B fixed rate revenue bonds.

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