10 recent hospital outlook and credit rating actions

The following hospital and health system rating and outlook changes and affirmations took place in the last two weeks, starting with the most recent.

1. Fitch affirms Reading Hospital's 'A+' rating
Fitch Ratings affirmed the "A+" rating on Reading (Pa.) Hospital's bonds.

2. Moody's affirms Excela Health's 'A3' rating
Moody's Investors Service affirmed the underlying "A3" rating on Greensburg, Pa.-based Excela Health's $75.9 million of outstanding revenue bonds. 

3. Moody's assigns 'A2' rating to University of Maryland Medical System's bonds
Moody's Investors Service assigned an "A2" rating to Baltimore-based University of Maryland Medical System's proposed $159.6 million of series 2017B bonds and $122.6 million of series 2017C bonds.

4. Moody's affirms Shands Jacksonville Medical Center's 'Baa3' rating
Moody's Investors Service affirmed the "Baa3" rating on Shands Jacksonville (Fla.) Medical Center's $202 million of outstanding revenue bonds.

5. Moody's affirms Genesis Health System's 'A1' rating
Moody's Investors Service affirmed the "A1" rating on Davenport, Iowa-based Genesis Health System's $174 million of rated revenue bonds.

6. Fitch affirms HonorHealth's 'A' rating
Fitch Ratings affirmed the "A" rating on Scottsdale, Ariz.-based HonorHealth's outstanding debt.

7. Fitch affirms Bon Secours Health System's 'A' rating
Fitch Ratings affirmed the "A" rating on Marriottsville, Md.-based Bon Secours Health System's $713 million of outstanding bonds.

8. Moody's affirms Cullman Regional Medical Center's 'Ba1' rating
Moody's Investors Service affirmed Cullman (Ala.) Regional Medical Center's "Ba1" rating, affecting $61 million of outstanding rated revenue bonds. 

9. Fitch affirms Concord Hospital's 'A+' rating
Fitch Ratings affirmed the "A+" rating on Concord (N.H.) Hospital's $45.5 million of series 2013A bonds and $33.7 million of series 2011A bonds.

10. Fitch revises University of Maryland Medical System's outlook to negative
Fitch Ratings revised Baltimore-based University of Maryland Medical System's outlook to negative from stable.

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