The following hospital and health system credit rating and outlook changes and affirmations took place in the last week, beginning with the most recent.
1. S&P downgrades Parkland Health and Hospital System's debt to 'AA-'
S&P Global Ratings downgraded Dallas-based Parkland Health and Hospital System's general obligation debt to "AA-" from "AA."
2. S&P downgrades St. John's Riverside Hospital's rating 3 notches to 'B-', maintains negative outlook
S&P Global Ratings downgraded Yonkers, N.Y.-based St. John's Riverside Hospital's rating three notches to "B-" from "BB-."
3. Moody's affirms 'A3' rating on Dignity Health
Moody's Investors Service affirmed its "A3" rating on San Francisco-based Dignity Health, affecting $5.3 billion of debt.
4. S&P affirms 'CCC' rating on Verity Health System, revises outlook to stable from positive
S&P Global Ratings affirmed its "CCC" rating on Redwood City, Calif.-based Verity Health System's outstanding debt.
5. Fitch upgrades Jackson County Schneck Memorial Hospital to 'AA-'
Fitch Ratings upgraded Seymour, Ind.-based Jackson County Schneck Memorial Hospital's series 2010 and series 2006B bonds to "AA-" from "A+," affecting $26 million of debt.
6. Fitch assigns 'A+' rating to Phoenix Children's Hospital
Fitch Ratings assigned its "A+" issuer default rating to Phoenix Children's Hospital.