The following hospital and health system credit rating and outlook changes and affirmations occurred in the last week, beginning with the most recent.
1. S&P revises West Park Hospital District's outlook to stable
S&P Global Ratings revised the outlook to stable from positive on Cody, Wyo.-based West Park Hospital District.
2. Moody's revises ThedaCare's outlook to negative
Moody's Investors Service affirmed its "A1" rating on $223 million of Appleton, Wis.-based ThedaCare's debt. Concurrently, the credit agency revised the healthcare provider's outlook to negative from stable.
3. S&P downgrades EvergreenHealth's rating to 'A'
S&P Global Ratings downgraded Kirkland, Wash.-based EvergreenHealth's long-term rating to "A" from "A+." The health system is also known as King County Public Hospital District No. 2.
4. ProMedica gets 3-notch downgrade, negative outlook from Moody's
Six days after a multinotch downgrade from S&P, a second credit rating agency, Moody's Investors Service, lowered Toledo, Ohio-based ProMedica Health System's rating several notches to "Baa1" from "A1." The rating action affects $420 million of debt.
5. Fitch upgrades Gundersen Lutheran's debt to 'AA-'
Fitch Ratings upgraded La Crosse, Wis.-based Gundersen Lutheran Medical Center's series 2011A and series 2012 bonds to "AA-" from "A+," affecting $194 million of debt.