NEW YORK (Standard&Poor's CreditWire) May 23, 2000--Standard&Poor's today assigns its triple-'B' rating to Cuyahoga County, Ohio's $90 million hospital facility revenue bonds series 2000, issued on behalf of Cuyahoga-UHHS/CSAHS Inc. ("Cuyahoga Corp.") and Canton-CSAHS/UHHS Inc ("Canton Corp."). The bonds are scheduled to sell June 1, 2000. Each of the corporations was formed in May 1999, and has as its members University Hospitals Health Systems Inc. (UHHS: double-'A'/stable outlook) and The Sisters of Charity of St. Augustine Health System Inc. (CSAHS), with each member owning a 50% interest in each of the corporations. The bonds are secured by revenue and mortgage pledges of the two main hospitals owned by the Cuyahoga Corp.: the 248-bed St. John West
