NEW YORK (Standard&Poor's) April 6, 2010--Standard&Poor's Ratings Services assigned its 'A' rating, with stable outlook, to the Lee Memorial Health System Board of Directors, Fla.'s $42 million series 2010 hospital revenue bonds, issued for Lee Memorial Health System (LMHS). In addition, Standard&Poor's revised its outlook to stable from negative and affirmed its 'A' long-term rating and underlying rating (SPUR) on LMHS's bonds based on LMHS's improved fiscal 2009 financial results following a challenging year in fiscal 2008. The 'A' rating continues to reflect Standard&Poor's opinion of LMHS's: Historically dominant market share in Lee County further solidified with the acquisition of two Hospital Corporation of America (HCA) hospitals in 2007; Historically favorable financial
