DALLAS (S&P Global Ratings) Jan. 9, 2017--S&P Global Ratings lowered its long term rating to 'A-' from 'A' on the Richmond Hospital Authority, Ind.'s $90.2 million series 2015A fixed-rate bonds, issued on behalf of Reid Hospital (doing business as Reid Health). The outlook is stable. "We assessed Reid's enterprise profile as adequate, characterized by a dominant market share, although it is in a comparatively limited primary service area, and its financial profile as strong with very high reserves, low average age of plant, and still sufficient debt service coverage," said S&P Global Ratings credit analyst Kevin Holloran. "The financial profile is under additional pressure with Reid's most recent debt issuance, and weaker operations in fiscal 2015, although fiscal 2016 year-to-date
