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 Memorial Hospital at North Conway's 'Baa3' bond rating
Moody's Investors Service affirmed the "Baa3" bond rating assigned to MemorialHospital at North Conway (N.H.), which affects $18.2 million of outstanding debt issued by the New Hampshire Health & Education Facilities Authority.
2. Moody's affirms South County Hospital's 'Baa3' rating
Moody's Investors Service affirmed the "Baa3" long-term rating assigned to Wakefield, R.I.-based South County Hospital's $34.5 million of outstanding bonds.
3. Moody's affirms South Nassau Communities Hospital's 'A3' rating
Moody's Investors Service affirmed the "A3" rating assigned to Oceanside, N.Y.-based South Nassau Communities Hospital's outstanding bonds issued through Nassau County Local Economic Assistance and Finance Corporation.
4. S&P downgrades CHI's credit rating, outlook negative
Standard & Poor's downgraded the rating assigned to Englewood, Colo.-based Catholic Health Initiatives' $7 billion of outstanding debt to "A" from "A+" and maintained the system's negative outlook.
5. Moody's affirms Northwest Community Hospital's 'A2' bond ratings
Moody's Investors Service affirmed "A2" bond ratings assigned to Arlington Heights, Ill.-based Northwest Community Hospital, with the rating action affecting $216.9 million of outstanding debt issued through the Illinois Finance Authority.
6. Moody's revises Houston Healthcare's outlook to negative
Moody's Investors Service affirmed Robins, Ga.-based Houston Healthcare's "A2" long-term bond rating and downgraded the system's financial outlook to negative.
7. Fitch downgrades Mayers Memorial Hospital District's outlook to negative
Fitch Ratings affirmed the "BBB-" rating assigned to $4.5 million of 2010 election, 2011 series A general obligation bonds issued on behalf of Fall River Mills, Calif.-based Mayers Memorial Hospital District and revised the hospital district's financial outlook to negative from stable.
8. Fitch upgrades rating on Mercy Regional Health Center's bonds to 'A+'
Fitch Ratings upgraded the rating on $23 million of series 2013 hospital refunding revenue bonds issued on behalf of Manhattan, Kan.-based Mercy Regional Medical Center to "A+" from "A-."
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