11 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 lowers rating on Memorial Hospital of Sweetwater County to 'BBB-'
S&P lowered its long-term rating to "BBB-" from "BBB" on Rock Springs, Wyo.-based Memorial Hospital of Sweetwater County's series 2013A fixed-rate revenue bonds, affecting $26.8 million. 

2. S&P revises Miami Children's Hospital's rating to 'A+'
S&P raised its long-term rating to "A+" from "A" on Miami Children's Hospital's fixed-rate bonds, fixed-rate revenue bonds and direct placement variable-rate bonds. 

3. Moody's downgrades Reading Hospital and Medical Center's rating to 'A2'
Moody's Investors Service downgraded Reading (Pa.) Hospital and Medical Center's bonds to "A2" from "A1," affecting $364 million of outstanding debt.

4. Moody's places Fremont-Rideout Health Group's 'A3' rating under review for downgrade
Moody's Investors Service placed Calif.-based Fremont-Rideout Health Group's "A3" rating under review for downgrade, affecting $112 million of rated revenue bonds.

5. Moody's affirms Murray-Calloway County Public Hospital's rating
Moody's Investors Service affirmed the "Baa3" rating on Murray (Ky.)-Calloway County Public Hospital's series 2007 and series 2010 fixed-rate bonds, affecting $40.6 million of rated debt. 

6. Moody's affirms Major Hospital's 'Baa2' rating
Moody's Investors Service affirmed the "Baa2" rating on Shelbyville, Ind.-based Major Hospital's series 2014A fixed-rate revenue bonds, affecting $53.3 million. 

7. Moody's assigns 'A1' rating to Sanford Health's bonds
Moody's Investors Service assigned an "A1" rating to Sioux Falls, S.D.-based Sanford Health's proposed series 2015 fixed-rate revenue bonds. 

8. Moody's withdraws 'A1' ratings on Mercy Health's bonds
Moody's Investors Service withdrew Cincinnati-based Mercy Health's underlying "A1" ratings on the series 2008A and series 2008B bonds, affecting $200 million.

9. Moody's revises Halifax Regional Medical Center's outlook to positive
Moody's Investors Service affirmed the "Ba3" rating assigned to Roanoke Rapids, N.C.-based Halifax Regional Medical Center's bonds, affecting approximately $12 million of rated debt.

10. Fitch affirms Gwinnett Hospital System's 'A+' rating
Fitch Ratings affirmed its "A+" rating on Lawrenceville, Ga.-based Gwinnett Hospital System's revenue anticipation certificates. 

11. Fitch affirms Spartanburg Regional Health System's 'A+' rating
Fitch Ratings affirmed the "A+" rating on the bonds issued on behalf of Spartanburg (S.C.) Regional Health System.

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