Standard&Poor's Ratings Services affirmed its 'A' long-term rating and underlying rating (SPUR) on Lee Memorial Health System Board of Directors, Fla.'s series 2005A, 2007A, and 2010 hospital revenue bonds issued for Lee Memorial Health System (LMHS). The $42 million 2010 bonds are taxable and issued under the Build America Bonds (BAB) program. The outlook on all ratings is stable. The rating on LMHS reflects its strong enterprise profile, which is anchored by its dominant market position in Lee County, coupled with a good financial profile, highlighted by improved operational performance in fiscal 2013 that has continued through the nine month interim period ended June 30, 2014, with expectations for strong fiscal 2014 year-end results. The rating continues to
