Standard&Poor's Ratings Services affirmed its 'AA-' issuer credit rating on Children's Hospital of Louisiana. In addition, Standard&Poor's withdrew its long-term rating, based on Children's credit strength, on the $53 million series 2014-A2 custodial receipts relating to University Medical Center Management Corp. (UMCMC), La. The outlook is stable. Louisiana Children's Medical Center (LCMC) is the parent organization for Children's Hospital (in New Orleans), Touro Infirmary (Touro; 'A+'), and UMCMC (the parent of Interim Louisiana Hospital, or ILH). Effective April 1, 2014, LCMC and Touro entered into a cooperative endeavor agreement with Parish Hospital Service District for the Parish of Orleans, District A (Parish Hospital Service District), to manage the daily operations of the 80-bed public hospital and
