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 revises Fairview Health Services' outlook to positive
Moody's Investors Service affirmed the "A3" bond rating assigned to approximately $827 million of Minneapolis-based Fairview Health Services' bonds and revised the health system's outlook to positive from stable.
2. Moody's affirms Riverview Hospital's 'Baa2' rating
Moody's Investors Service affirmed the "Baa2" long-term rating assigned to Noblesville, Ind.-based Riverview Hospital's bonds.
3. Fitch assigns 'AA-' rating to UPMC bonds, outlook negative
Fitch Ratings assigned an "AA-" rating to $350 million of series 2014A revenue bonds and $50 million of series 2014B revenue bonds issued to Pittsburgh-based UPMC and maintained the health system's negative outlook.
4. Fitch assigns 'BBB+' rating to Major Hospital
Fitch Ratings assigned a "BBB+" rating to approximately $55.8 million of series 2014A fixed rate revenue bonds issued by the Indiana Finance Authority on behalf of Shelbyville, Ill.-based Major Hospital.
5. Moody's upgrades Children's Medical Center of Dallas to 'Aa2'
Moody's Investors Service upgraded the rating assigned to Children's Medical Center of Dallas to "Aa2" from "Aa3."