Standard&Poor's Ratings Services has assigned its 'BBB+' long-term rating to Missouri Health&Educational Facilities Authority's $23.1 million series 2012 fixed-rate revenue bonds, to be issued for Lake Regional Health System (LRHS), formerly known as Lake of the Ozarks General Hospital. At the same time, Standard&Poor's affirmed its 'BBB+' long-term rating on the authority's $25.6 million series 2010 and $23.6 million series 2003 fixed-rate revenue bonds, issued for LRHS. We understand the series 2012 bond proceeds will current refund the series 2003 bonds, fund a debt service reserve fund, and pay for costs of issuance. The outlook on all ratings is stable. The rating reflects our opinion of LRHS' strong market position, stable liquidity, and healthy
