The following hospital and health system rating and outlook changes and affirmations took place during the past week, starting with the most recent.
1. Fitch upgrades Jackson County Schneck Memorial Hospital's bond rating to 'A+'
Fitch Ratings upgraded the rating on Seymour, Ind.-based Jackson County Schneck Memorial Hospital's outstanding debt to "A+" from "A."
2. Fitch affirms Silver Cross Hospital & Medical Center's 'BBB+' rating
Fitch Ratings affirmed the 'BBB+' rating assigned to New Lenox, Ill.-based Silver Cross Hospital and Medical Center's series 2009, 2005A and 2005C revenue bonds and series 2008A and 1999 revenue refunding bonds.
3. Fitch affirms Allina Health's 'AA-' rating
Fitch Ratings affirmed the "AA-" rating on Minneapolis-based Allina Health's series 2009C, 2009 B-1, 2009 B-2, 2009 A-1, 2009 A-2, 2007 C-1, 2007 C-2, 2007A, 1998A and 1985 revenue bonds.
4. Moody's assigns 'Baa2' rating on Erlanger Health System bonds, revises outlook
Moody's Investors Service assigned a "Baa2" rating to Chattanooga, Tenn.-based Erlanger Health System's $148.4 million of series 2014A fixed rate revenue bonds, affirmed the "Baa2" rating on the system's outstanding bonds and revised the system’s outlook to stable from negative.
5. Moody's affirms 'Aa3' rating on Sisters of Charity of Leavenworth Health System's revenue bonds
Moody's Investors Service affirmed the "Aa3" and "Aa3/VMIG 1" revenue bond ratings on $1.5 million of Denver-based Sisters of Charity of Leavenworth Health System's debt.
6. Moody's upgrades Christiana Care Health Services' rating to 'Aa2'
Moody's Investors Service upgraded the ratings on Newark, Del.-based Christiana Care Health Services' outstanding bonds to "Aa2" and "Aa2/VMIG 1" and revised the system’s outlook to stable at the higher rating level.
7. Fitch assigns 'A-' rating to Barnabas Health's bonds
Fitch Ratings assigned an "A-" rating to $127.5 million of series 2014A bonds issued on behalf of Livingston, N.J.-based Barnabas Health.
8. Fitch affirms 'A' rating on Covenant Health's bonds
Fitch Ratings affirmed the "A" rating on several series of Knoxville, Tenn.-based Covenant Health's revenue bonds.
9. Moody's revises Kennedy Health System's outlook to positive
Moody's Investors Service affirmed the "A3" bond rating assigned to Cherry Hill, N.J.-based Kennedy Health System's $65.1 million in debt and revised the system's outlook to positive from stable.
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