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 affirms Beatrice Community Hospital's bond rating
Fitch Ratings affirmed the "BB+" rating assigned to $30 million of series 2010B healthcare facilities revenue bonds issued on behalf of Beatrice (Neb.) Community Hospital.
2. S&P raises Baylor Scott & White Health's bond rating
S&P raised its long-term rating and underlying rating to "AA-" from "A+" on bonds issued on behalf of Dallas-based Baylor Scott & White Health.
3. Moody's upgrades Catholic Health System's outlook to positive
Moody's Investors Service assigned a "Baa1" rating to Buffalo, N.Y.-based Catholic Health System's proposed $96 million of series 2015 fixed rate revenue bonds and revised the system's outlook to positive from stable.
4. S&P upgrades Prime Healthcare's rating
S&P upgraded the corporate rating assigned to Ontario, Calif.-based Prime Healthcare Services to "B+" from "B."
5. Moody's affirms University of Alabama Hospital's 'A1' bond rating
Moody's Investors Service affirmed the "A1" unenhanced ratings assigned to $337.4 million of University of Alabama Hospital at Birmingham's outstanding hospital revenue bonds.
6. Fitch upgrades Halifax Health's bond rating
Fitch Ratings assigned a "BBB+" rating to $112 million of series 2015 bonds issued on behalf of Daytona Beach, Fla.-based Halifax Health. Fitch also upgraded the rating on $169.6 million of series 2006A bonds, $105 million of series 2006B1-2 bonds and $70 million of series 2008 bonds issued on behalf of the system to "BBB+" from "BBB."
7. Fitch affirms Saint Francis Healthcare System's bond rating
Fitch Ratings affirmed the "AA-" rating assigned to $118.4 million of series 2013A revenue bonds and $36.1 million of series 2009A revenue bonds issued on behalf of Cape Girardeau, Mo.-based Saint Francis Healthcare System.
8. Moody's downgrades Tallahassee Memorial HealthCare's outlook
Moody's Investors Service assigned a "Baa1" rating to Tallahassee (Fla.) Memorial HealthCare's proposed $103 million of series 2015A bonds and lowered the hospital's outlook to stable from positive.
9. Fitch affirms South Shore Hospital's bond rating
Fitch Ratings affirmed the "A-" rating assigned to $17.3 million of series 1999F revenue bonds and $10.7 million of series 1992D revenue bonds issued on behalf of South Shore Hospital in South Weymouth, Mass.
More articles on healthcare finance:
UnitedHealthcare, Scotland Health ink new deal
UPMC threatens to block Medicare Advantage access for Highmark members
New York City's public hospital system unveils plan to improve finances by 2020