S&P Global Ratings revised the outlook to negative from stable and affirmed the "BBB-" long-term rating on Rock Springs, Wyo.-based Memorial Hospital of Sweetwater County's $26.8 million of series 2013A bonds.
"The Negative outlook reflects our view of MHSC's weaker operating performance in fiscal 2016 and operating losses through the first three months of fiscal 2017, coupled with the hospital's declining cash position," said S&P analyst Allison Bretz.