NEW YORK (Standard&Poor's) July 26, 2007-- Standard&Poor's Ratings Services said today it lowered its ratings on Brentwood, Tenn.-based Community Health Systems Inc. The corporate credit rating was lowered to 'B+' from 'BB-'. The ratings were removed from CreditWatch, where they were placed with negative implications on March 20, 2007, following the announcement that the company had entered into a definitive agreement to acquire Triad Hospitals Inc.; the transaction is valued at about $6.8 billion. The rating outlook is stable. "The downgrade reflects our lower rating opinion of Community considering its weakened financial risk profile due to the financing of the recently completed acquisition of Triad," said Standard&Poor's credit analyst David Peknay. Also, Standard&
