6 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. Moody's affirms rating on North Mississippi Health Services' debt
Moody's Investors Service affirmed the "Aa3" and "Aa3/VMIG 1" ratings assigned to Tupelo-based North Mississippi Health Services' $164 million of outstanding debt.

2. S&P downgrades rating on Oconee Regional Medical Center's debt
Standard & Poor's Ratings Services lowered its long-term rating on Baldwin County Hospital Authority's revenue debt issued on behalf of Milledgeville, Ga.-based Oconee Regional Medical Center to "CC" from "CCC."

3. S&P downgrades East Liverpool City Hospital's bond rating
Standard & Poor's Ratings Services lowered its underlying rating to "BBB-" from "BBB+" on East Liverpool, Ohio's $9.7 million series 1998A and 1998B bonds issued on behalf of East Liverpool City Hospital.

4. Fitch assigns 'AA' rating to Partners HealthCare System's bonds
Fitch Ratings assigned an "AA" rating to $325 million of series 2016 Massachusetts Development Finance Agency revenue bonds, issued on behalf of Boston-based Partners HealthCare System.

5. Moody's assigns 'Baa1' to Tallahassee Memorial Healthcare's bonds
Moody's Investors Service assigned a "Baa1" rating to Tallahassee (Fla.) Memorial Healthcare's proposed series 2016A and 2016B revenue bonds.

6. Moody's affirms Memorial Hospital's 'Baa3' rating
Moody's Investors Service affirmed the "Baa3" rating on North Conway, N.H.-based Memorial Hospital's $17.8 million of rated debt.

More articles on healthcare finance:

13 latest hospital credit downgrades
8 recent hospital closures
10 most-read healthcare finance stories of December

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