NEW YORK (Standard&Poor's CreditWire) Feb. 27, 2001--Standard&Poor's today affirmed its double-'A'-minus underlying rating (SPUR) on the Louisiana Public Facilities Authority's outstanding bonds issued for the Franciscan Missionaries of Our Lady Health System (FMOLHS). The rating reflects: -- Strong financial performance and liquidity; -- Rising patient admissions and market leadership in two of the system's three markets; -- A favorable payor mix for the second quarter ended Dec. 31, 2000, with managed care accounting for 35% of revenue, Medicare for 33%, commercial insurance for 20%, Medicaid for 6%, and self-pay for 6%; -- Strong management; and -- A relatively stable economy and some diversification in the system's markets. FMOLHS currently operates four hospitals, with a total of
