12 recent hospital, health system outlook and credit rating actions

The following hospital and health system rating and outlook changes and affirmations took place in the last week, beginning with the most recent.

  1. Moody's affirms 'Baa3' rating on Presence Health
    Moody's Investors Service affirmed the "Baa3" rating on Chicago-based Presence Health's issuer and revenue bonds, affecting $1 billion of debt

  2. Moody's upgrades IU Health's rating to 'Aa2'
    Moody's Investors Service upgraded the rating to "Aa2" from "Aa3" on Indianapolis-based Indiana University Health, affecting $1 billion in debt.

  3. Moody's affirms 'A1' rating on ThedaCare
    Moody's Investors Service affirmed an "A1" rating on Appleton, Wis.-based ThedaCare's debt issued through the Wisconsin Health and Educational Facilities Authority, affecting $231 million of outstanding debt.

  4. Moody's downgrades rating to 'Baa2' on Memorial Hospital at Gulfport
    Moody's Investors Service downgraded Memorial Hospital at Gulfport (Miss.) revenue bonds to "Baa2" from "Baa1," affecting $49.3 million of revenue bonds issued through the City of Gulfport.

  5. Moody's affirms 'A2' rating on Community Health Network
    Moody's Investors Service affirmed the "A2" rating on Indianapolis-based Community Health Network's revenue bonds, affecting $557 million of outstanding debt.

  6. S&P upgrades a number of Parkview Health System Obligated Group ratings
    S&P Global Ratings raised the long-term rating to "AA-" from "A+" on Indiana Finance Authority's series 2001A, 2001B, 2001C, 2009A, 2009B, 2009D and 2012 bonds issued on behalf of Fort Wayne, Ind.-based Parkview Health System Obligated Group. 

  7. Moody's affirms 'Aa2/VMIG 1' rating on Paulding County Hospital Authority's certificates
    Moody's Investors Service affirmed the "Aa2/VMIG 1" rating on the Paulding (Ohio) County Hospital Authority's Series 2012B letter of credit-backed revenue anticipation certificates.

  8. S&P raises Delano Regional Medial Center's rating to 'BBB'
    S&P Global Ratings raised Delano (Calif.) Regional Medical Center's series 2012 certificates of participation to "BBB" from "BBB-."

  9. S&P revises Hendrick Health System's outlook to positive
    S&P Global Ratings affirmed the "A" rating on Abilene, Texas-based Hendrick Health Systems' series 2009A, 2009B, 2013 and 2015 bonds. 

  10. S&P upgrades Pocono Medical Center's bonds to 'A+'
    S&P Global Ratings raised the rating to "A+" from "A-" on East Stroudsburg, Pa.-based Pocono Medical Center's hospital revenue bonds issued by Monroe County Hospital Authority.

  11. Moody's affirms 'Aa2,' 'Aa2/VMIG 1' and 'P-1' rating on Adventist Health System/ Sunbelt Obligated Group's debt
    Moody's Investors Service affirms the "Aa2," "Aa2/VMIG 1" and "P-1" rating on Altamonte Springs, Fla.-based Adventist Health System/Sunbelt Obligated Group's outstanding debt, affecting $1 billion of rated debt. 

  12. Moody's reviews WellStar Health System's LOC-backed series certificates
    Moody's Investors Service upgraded and affirmed ratings on Marietta, Ga.-based WellStar Health System's certificates backed by Bank of America and Wells Fargo Bank.

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