Money Talk

UP
CGH Medical Center, Sterling, IL
Rating: BBB+
Outlook: Stable
Affected debt: $22 million
Agency: Standard & Poor's Ratings Services
Remarks: S&P revised its outlook to stable
from negative and affirmed its BBB+ long-term
rating on the series 2003 bonds and series 2006 bonds debt issued by Illinois Educational Facilities Authority for CGH Medical Center. The outlook revision reflects improved operating performance in fiscal years 2009 and 2010 and a strong business position.

DOWN
Hanover (PA) Hospital
Rating: BBB-
Outlook: Negative
Affected debt: $31.1 million
Agency: Standard and Poor's
Remarks: S&P revised its rating outlook to negative from stable on Southcentral Pennsylvania General Authority's series 2005 revenue bonds issued for Hanover Hospital. At the same time, S&P affirmed its BBB- underlying rating on the bonds. The outlook revision reflects Hanover's significant operating losses year to date and recent volume softness.