The following hospital and health system rating and outlook changes and affirmations took place during the past week, starting with the most recent.
1. Fitch upgrades Meridian Health System's bond rating
Fitch Ratings upgraded the rating on Neptune, N.J.-based Meridian Health System's bonds to "A+" from "A."
2. Moody's affirms South Shore Hospital's bond rating
Moody's Investors Service affirmed the "A3" ratings assigned to South Weymouth, Mass.-based South Shore Hospital's bonds, affecting approximately $17 million of rated debt.
3. Moody's assigns rating to MultiCare's bonds
Moody's Investors Service assigned an "Aa3" rating to Tacoma, Wash.-based MultiCare Health System's proposed $364 million of series 2015A&B fixed rate revenue bonds.
4. Mercy Health to raise new debt for capital projects
Fitch Ratings assigned an "AA-" rating to $151.1 million of series 2015A revenue refunding and improvement bonds, $100 million of series 2015 hospital facilities revenue bonds and $150 million of series 2015C taxable bonds, which are expected to be issued on behalf of Cincinnati-based Mercy Health.
5. Fitch rates $125M of Hartford HealthCare's bonds
Fitch Ratings assigned an "A" rating to the expected issuance of $75 million of series F revenue bonds and $50 million of series G revenue bonds on behalf of Hartford (Conn.) HealthCare.
6. Fitch rates Johns Hopkins Health System's bonds
Fitch Ratings assigned an "AA-" rating to $127.3 million of series 2015A revenue bonds and $48.2 million of series 2015B revenue bonds issued on behalf of Baltimore-based Johns Hopkins Health System.
7. Fitch affirms Doctors Community Hospital's bond rating
Fitch Ratings affirmed the "BB+" rating on Lanham, Md.-based Doctors Community Hospital's $82.1 million of series 2010 revenue bonds and $60.9 million of series 2007A revenue bonds.
8. Moody's assigns 'A2' rating to Middlesex Hospital's bonds
Moody's Investors Service assigned an "A2" rating to $17.6 million of series O hospital revenue bonds issued on behalf of Middlesex Hospital in Middletown, Conn.
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