The following hospital and health system rating and outlook changes and affirmations took place in the last week, beginning with the most recent.
1. Fitch assigns 'AA-' rating to Allina Health System's bonds
Fitch Ratings assigned an "AA-" rating to Minneapolis-based Allina Health System's bonds.
2. Fitch upgrades rating for Catholic Health Services of Long Island's bonds to 'A-'
Fitch Ratings upgraded the rating on New York-based Catholic Health Services of Long Island's bonds to "A-" from "BBB-."
3. Fitch places DeKalb Medical Center's certificates on Rating Watch Negative
Fitch Ratings placed Decatur, Ga.-based DeKalb Medical Center's "BBB-" rated $177.6 million of series 2010 revenue anticipation certificates on Rating Watch Negative.
4. S&P raises rating on Rogers Memorial Hospital to 'A-'
S&P Global Ratings raised the long-term rating on Oconomowoc, Wis.-based Rogers Memorial Hospital's series 2014A and 2014B bonds to "A-" from "BBB+."
5. S&P assigns 'AA-' rating to Allina Health System's bonds
S&P Global Ratings assigned an "AA-" long-term rating to Minneapolis-based Allina Health System's series 2017 taxable revenue bonds and series 2017A tax-exempt revenue refunding bonds.
6. Moody's downgrades rating on CHI's debt to 'Baa1'
Moody's Investors Service downgraded the long-term debt rating on Englewood, Colo.-based Catholic Health Initiatives to "Baa1" from "A3" and downgraded CHI's variable-rate demand bonds backed by self-liquidity to "Baa1/VMIG2" from "A3/VMIG2," affecting approximately $5.7 billion of rated debt.
7. Moody's affirms 'A3' rating on Torrance Memorial Medical Center's bonds
Moody's Investors Service affirmed the "A3" rating on Torrance (Calif.) Memorial Medical Center's revenue bonds, affecting approximately $235 million of rated debt.
8. Moody's assigns 'Aa3' rating to Allina Health System's bonds
Moody's Investors Service assigned an "Aa3" rating to Minneapolis-based Allina Health System's proposed $150 million of series 2017 fixed-rate taxable bonds and $76 million of proposed series 2017A fixed-rate healthcare system revenue refunding bonds.
9. Moody's withdraws rating on Edward-Elmhurst Healthcare's bonds
Moody's Investors Service withdrew the "A2" rating on Naperville, Ill.-based Edward-Elmhurst Healthcare's debt.
10. Moody's downgrades Peninsula Regional Medical Center's rating to 'A3'
Moody's Investors Service downgraded the rating on Salisbury, Md.-based Peninsula Regional Medical Center's revenue bonds to "A3" from "A2," affecting $124 million of outstanding revenue bonds.
11. Moody's withdraws rating on Conway Medical Center's bonds
Moody's Investors Service withdrew its ratings on Conway (S.C.) Medical Center's series 2011A and 2011B bonds.
12. Fitch affirms 'A+' rating on Palomar Health's bonds
Fitch Ratings affirmed the "A+" rating on Escondido, Calif.-based Palomar Health's bonds. The bonds were also placed on rating watch evolving.
13. Fitch affirms 'A' rating on Dignity Health's debt
Fitch Ratings affirmed the "A" rating on Sacramento, Calif.-based Dignity Health's approximately $3.3 billion of outstanding debt.
14. S&P assigns 'AA-' rating to Methodist Le Bonheur Healthcare & Affiliates' bonds
S&P Global Ratings assigned an "AA-" rating to Memphis, Tenn.-based Methodist Le Bonheur Healthcare & Affiliates' series 2017 revenue bonds.
15. Moody's affirms 'A2' rating on Lee Memorial Health System's bonds
Moody's Investors Service affirmed the "A2" rating on Fort Myers, Fla.-based Lee Memorial Health System's $307 million of outstanding bonds.
16. S&P affirms 'BBB' rating on Jackson Hospital & Clinic's bonds, revises outlook to negative
S&P Global Ratings revised Montgomery, Ala.-based Jackson Hospital & Clinic's outlook to negative from stable.
17.Moody's assigns 'A1' rating to Medical University of South Carolina's bonds
Moody's Investors Service assigned an "A1" rating to Charleston-based Medical University of South Carolina's proposed $24 million of series 2017 revenue refunding bonds.
18. Moody's affirms 'Aa2' rating on Monongahela Valley Health System's LOC-backed bonds
Moody's Investors Service affirmed the "Aa2" long-term joint support letter of credit backed rating on Monongahela (Pa.) Valley Health System's series 2011A and series 2011B hospital revenue bonds.
Editor's note: This article was updated Mon., March 27. An earlier version of this article misstated that the bond rating change applied to Catholic Health Initiatives. Becker's regrets the error.