Standard&Poor's Ratings Services has affirmed its 'A' long-term rating and underlying rating (SPUR) on Lee Memorial Health System Board of Directors, Fla.'s bonds issued for Lee Memorial Health System (LMHS). The outlook is stable. In addition, Standard&Poor's affirmed its 'A' rating on the board's $42 million series 2010 hospital revenue bonds, issued for LMHS under the Build America Bonds (BAB) program. The series 2010 bonds receive an interest rate subsidy from the U.S. Treasury under the BAB program, although Standard&Poor's credit ratings do not address the tax-credit component of this issue. The outlook on all ratings is stable. The 'A' ratings continue to reflect Standard&Poor's opinion of LMHS': Dominant market share in
