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 revises Mercy Health Services' outlook to stable
S&P revised the outlook to stable from negative and affirmed the "BBB" rating on Baltimore-based Mercy Health Services' bonds.
2. Moody's assigns 'A2' rating to Highland Hospital's bonds
Moody's Investors Service assigned an "A2" rating to Rochester, N.Y.-based Highland Hospital's fixed-rate series 2015 bonds, affecting $35 million of rated debt.
3. S&P affirms Northwest Memorial HealthCare's bond rating
S&P affirmed its "AA+" long-term rating on series 2009A, 2009B and 2013 bonds and its "AA+/A-1+" dual rating on series 2002C, 2007A-2, 2007A-4, 2008A-1, 2008A-2, 2007A-1 and 2007A-3 bonds issued on behalf of Chicago-based Northwestern Memorial HealthCare by the Illinois Finance Authority.
4. S&P rates Allina Health System's bonds
S&P assigned an "AA-" long-term rating to Minneapolis-based Allina Health System's series 2015 revenue bonds.
5. Fitch rates Providence Health & Services' bonds
Fitch Ratings assigned an "AA" rating to Renton, Wash.-based Providence Health & Services' $71.1 million of series 2015C revenue bonds.
6. Fitch assigns 'AA-' rating to Allina Health System's bonds
Fitch Ratings assigned an "AA-" rating to Minneapolis-based Allina Health System's series 2015 bonds, affecting $250 million of rated debt.
7. Moody's assigns 'Aa3' to Providence Health & Services' bonds
Moody's Investors Service assigned an "Aa3" rating to Providence Health & Services' proposed $71.1 million of series 2015C fixed rate revenue bonds.
8. Fitch rates Advocate Health Care's bonds
Fitch Ratings assigned an "AA" rating to $100 million of series 2015 bonds to be issued on behalf of Downers Grove, Ill.-based Advocate Health Care by the Illinois Finance Authority.
9. Fitch affirms King's Daughters' Health's bond rating
Fitch Ratings affirmed the "BBB+" rating on Madison, Ind.-based King's Daughters' Hospital and Health Services' series 2010 revenue bonds, affecting approximately $97.9 million of rated debt.
10. Fitch rates OSF Healthcare System's bonds
Fitch Ratings assigned an "A" rating to Peoria, Ill.-based OSF Healthcare's series 2015A revenue bonds, affecting $366.7 million of rated debt.
11. Moody's assigns 'Aa2' rating to Advocate Health Care Network's bonds
Moody's Investors Service assigned an "Aa2" rating to Downers Grove, Ill.-based Advocate Health Care Network's proposed $100 million of series 2015 fixed rate revenue bonds to be issued by the Illinois Finance Authority.
12. Moody's assigns 'A2' to OSF Healthcare System's bonds
Moody's Investors Service assigned an "A2" rating to Peoria, Ill.-based OSF Healthcare System's $366.7 million of proposed series 2015A fixed rate bonds.