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S&P Credit Research1765 word report
published Nov 06, 2009
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S&P Credit Research
| Abstract: | Standard&Poor's Ratings Services revised its outlook to stable from negative and affirmed its 'BB+' long-term and underlying rating (SPUR) on Hastings, Minn.'s series 1998 health care facility revenue bonds, issued on behalf of Regina Medical Center. The outlook revision reflects the center's improved operating margins and a better liquidity position. In October 2007, Regina Medical Center enhanced its relationship with Allina Health System (A+) when Allina obtained a 25% interest in Regina. This closer affiliation is viewed positively by Standard&Poor's, as Regina has and is expected to continue to benefit from certain operational efficiencies and economies of scale available to it via the joint venture. Regina had experienced operating losses in fiscals 2007 and 2008, prompting
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| Brief Excerpt: | RESEARCH Ratings Definitions Summary: Hastings, Minnesota Regina Medical Center; Hospital Publication date: 06-Nov-2009 Primary Credit Analyst: Antionette W Maxwell, Chicago (1) 312-233-7016; antionette_maxwell@standardandpoors.com...
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| Report Type: | Summary
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| Issuer: | Regina Med Ctr
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| Sector: | Global Issuers, Public Finance
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| Country: | United States
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| Region: | United States
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S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
Also from S&P Credit Research
- Regina Medical Center, MN's Revenue Bond Outlook Revised To Stable On Improved Operating Margins $100.00
CHICAGO (Standard&Poor's) Nov. 4, 2009-- Standard&Poor's Ratings Services revised its outlook to stable from negative and affirmed its 'BB+' long-term and underlying rating (SPUR) on the City of Hastings, Minn.'s series 1998 health care facility ...
- Regina Medical Center, MN's Weakened Financial Profile Cuts Revenue Debt Rating To 'BB+' $100.00
CHICAGO (Standard&Poor's) Aug. 21, 2008--Standard&Poor's Ratings Services lowered its underlying rating (SPUR) on Hastings, Minn.'s series 1998 health care facility revenue bonds, issued for Regina Medical Center, one notch to 'BB+' from 'BBB-' ...
- Summary: Hastings, Minnesota Regina Medical Center; Hospital $175.00
Standard&Poor's Ratings Services lowered its Standard&Poor's underlying rating (SPUR) on Hastings, Minn.'s series 1998 health care facility revenue bonds, issued for Regina Medical Center, one notch to 'BB+' from 'BBB-' due to the medical center's ...
- Summary: Regina Medical Center, MN Hastings; Hospital $175.00
Standard & Poor's Ratings Services affirmed its 'BBB-' underlying rating (SPUR) on the City of Hastings, Minn.'s health care facility revenue bonds, series 1998, issued for Regina Medical Center. The outlook is stable. Regina Medical Center ...
- Summary: Regina Med Ctr, MN; Health Care, Hospital $175.00
Standard & Poor's Ratings Services affirmed its 'BBB-' underlying rating on the City of Hastings, Minn.'s health care facility revenue bonds, series 1998, issued for Regina Medical Center (Regina). The outlook is stable. Regina Medical Center ...
