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Lexington County Health Services,
West Columbia, SC
Remarks: The rating outlook has been revised to positive from stable. The ratings affirmation is based on UPMC’s leading market position, strong patient demand, preeminent clinical reputation,
good operating margins, and a long track record of effectively addressing operating challenges.
Remarks: S&P revised its rating outlook to
stable from negative on Leesburg, FL’s series 2002 and 2003 hospital revenue bonds and affirmed the BBB+ rating. The revised outlook reflects S&P’s assessment of CFHA’s improved operating results for the past fiscal year and for the first five months of fiscal 2011. The overall rating reflects S&P’s view of CFHA’s solid business position and adequate balance sheet offset by a weaker income statement that management is working to correct with expense management and growth initiatives in a challenging payer mix environment.
Remarks: Moody’s has upgraded to Aa3 from Baa1 the ratings assigned to UPMC Hamot. The rating action affects $61.2 million of UPMC Hamot’s outstanding rated debt. The rating outlook is positive. The upgrade to Aa3 follows the execution of the affiliation and integration agreement with the University of Pittsburgh Medical Center on February 1, 2011.
Karen Minich-Pourshadi is a Senior Editor with HealthLeaders Media.
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