12 recent hospital rating and outlook changes, affirmations

The following hospital and health system rating and outlook changes and affirmations took place during the past week, starting with the most recent.

1. Moody's affirms Berkshire Health Systems' 'A3' bond rating
Moody's Investors Service affirmed the "A3" rating assigned to Pittsfield, Mass.-based Berkshire Health Systems' bonds, which affects approximately $106 million of debt.

2. Moody's upgrades The Christ Hospital's bond rating to 'A3'
Moody's Investors Service upgraded Cincinnati-based The Christ Hospital's bond rating to "A3" from "Baa1."

3. Moody's affirms Hawaii Pacific Health's 'A2' bond rating
Moody's Investors Services affirmed the "A2" ratings assigned to Honolulu-based Hawaii Pacific Health's revenue bonds, with the rating affecting approximately $317 million of debt.

4. Moody's affirms NCH Healthcare System's bond rating, revises outlook to stable
Moody's Investors Service affirmed Naples, Fla.-based NCH Healthcare System's "A2" bond rating on $99.4 million of outstanding debt.

5. S&P affirms NorthShore University Health System's bond ratings
Standard & Poor's Ratings Services affirmed the "AA" long-term bond rating assigned to bonds issued on behalf Evanston, Ill.-based NorthShore University HealthSystem.

6. Moody's revises ProHealth Care's outlook to negative
Moody's Investors Service affirmed "A1" ratings assigned to Waukesha, Wis.-based ProHealth Care's bonds and downgraded the system's outlook to negative from stable.

7. Fitch affirms Maine Line Health System's bond rating
Fitch Ratings affirmed the "AA" rating assigned to $152.4 million of series 2010A bonds and $56.8 million of series 2012A bonds issued on behalf of Maine Line Health System, which operates four acute-care hospitals and one rehabilitation facility throughout Chester, Delaware, Montgomery and Philadelphia counties in Pennsylvania.

8. Moody's affirms 'Ba1' rating on Saint Peter's University Hospital's outstanding debt
Moody's Investors Services affirmed the "Ba1" rating assigned to $161 million of New Brunswick, N.J.-based Saint Peter's University Hospital's outstanding debt.

9. Moody's affirms Duke University Health System's 'Aa2' bond rating
Moody's Investors Services affirmed the "Aa2" rating assigned to Durham, N.C.-based Duke University Health System's bonds.

10. Moody's assigns 'A2' rating to $13.5M of Hendrick Medical Center's bonds
Moody's Investors Service assigned an "A2" rating to $13.5 million of series 2015 hospital revenue bonds issued on behalf of HendrickMedicalCenter in Abilene, Texas.

11. Moody's assigns 'Aa2' rating to Advocate Health Care's bonds
Moody's Investors Services assigned an "Aa2" rating to $304 million of Downers Grove, Ill.-based Advocate Health Care's series 2014 fixed rate revenue bonds.

12. Moody's assigns 'A3' rating to $500M of NYU Hospitals Center's bonds
Moody's Investors Service assigned "A3" ratings to $300 million of series 2014A taxable bonds and up to $200 million of series 2014B healthcare revenue refunding bonds issued on behalf of NYU Hospitals Center in New York City, which along with the NYU School of Medicine comprises the NYU Langone Medical Center.

More articles on healthcare finance:

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Trinity Health's surplus down $118.7M
Early debt refinancing plays role in Boca Raton Regional Hospital's loss

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