12 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. S&P assigns 'A+' rating to Northwest Community Hospital's bonds
S&P Global Ratings assigned an "A+" long-term rating to Arlington Heights, Ill.-based Northwest Community Hospital's series 2016A bonds and affirmed the "A+" rating on the hospital's series 2008A bonds. 

2. Moody's revises Palomar Health's outlook to stable
Moody's Investors Service revised Escondido, Calif.-based Palomar Health's outlook to stable and affirmed the "Ba1" rating on its bonds, affecting $561 million of debt. 

3. Moody's affirms ThedaCare's 'A1' rating
Moody's Investors Service affirmed the "A1" rating on Appleton, Wis.-based ThedaCare's $239 million of outstanding rated debt.

4. Moody's affirms OhioHealth's 'Aa2,' 'Aa2/VMIG 1' and 'P-1' ratings
Moody's Investors Service affirmed the "Aa2," "Aa2/VMIG 1" and "P-1" ratings on Columbus-based OhioHealth's $1.05 billion of outstanding debt. 

5. S&P revises Health Quest's outlook to stable
S&P Global Ratings revised the outlook to stable from negative and affirmed the "A-" ratings on LaGrangeville, N.Y.-based Health Quest's debt.

6. S&P revises Franciscan Missionaries of Our Lady Health System's outlook to negative
S&P Global Ratings revised the outlook to negative from stable and affirmed the "A+" rating on Baton Rouge, La.-based Franciscan Missionaries of Our Lady Health System's bonds. 

7. Moody's assigns 'A2' rating to Northwest Community Hospital's bonds
Moody's Investors Service assigned an "A2" rating to Arlington Heights, Ill.-based Northwest Community Hospital's proposed series 2016A fixed rate bonds. 

8. Fitch affirms Valley Medical Center's 'BBB+' rating
Fitch Ratings affirmed the "BBB+" rating on Renton, Wash.-based Valley Medical Center's $17.5 million of series 2010A bonds and $61.2 million of series 2010B bonds.

9. S&P downgrades Mercy Health's rating to 'A+'
S&P Global Ratings downgraded the long-term rating to "A+" from "AA-" on Cincinnati-based Mercy Health's bonds. 

10. S&P lowers rating to 'BBB+' on Lawrence + Memorial Hospital's bonds
S&P Global Ratings lowered its rating on New London, Conn.-based Lawrence + Memorial Hospital's bonds to "BBB+" from "A-."

11. Fitch affirms Denver Health's 'BBB+' rating
Fitch Ratings affirmed the "BBB+" rating on Denver Health's series 2007A, 2007B, 2009A, 2010, 2014A and 2014B bonds, affecting approximately $286.2 million.

12. Moody's downgrades Spartanburg Regional Health Services District's rating to 'A2'
Moody's Investors Services downgraded the ratings to "A2" from "A1" on Spartanburg (S.C.) Regional Health Services District's $190.2 million of outstanding debt. 

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