...S&P Global Ratings affirmed its 'A+' long-term rating on the Louisiana Public Facilities Authority's series 2017A and 2015A1, 2015A2, and 2015A3 revenue bonds issued for the Louisiana Children's Medical Center Obligated Group. The obligated group and all of its affiliates are a subset of the system, LCMC Health (LCMC), and include Children's Hospital. S&P Global Ratings also affirmed its 'A+' issuer credit rating (ICR) on Children's Hospital, located in New Orleans and an entity of LCMC. The ICR reflects our opinion of Children's Hospital's overall capacity and willingness to meet its financial obligations and is not specific to any debt instrument. The outlook is stable. The 'A+' rating reflects our view of LCMC's good market position in the competitive New Orleans market with revenue dispersion across four hospitals, $1.6 billion of operating revenue, and slightly more than 35,000 admissions. The 'A+' rating also incorporates our view of a good balance sheet with low debt levels and solid...
