Standard&Poor's Ratings Services affirmed its 'A' long-term rating on the Richmond Hospital Authority, Ind.'s $94.155 million series 2009 fixed-rate bonds, issued on behalf of Reid Hospital (Reid). The outlook is stable. The 'A' rating is based on our view of Reid's group credit profile (GCP) and the obligated group's "core" status. Accordingly, we rate the bonds at the same level as the GCP. Reid is a 237-bed (207 beds in service) adult medical surgical hospital located in Richmond, Ind., immediately west of the Indiana-Ohio border. Reid has successfully sustained its very strong market share of approximately 80% in its primary service area, but has suffered operational losses in fiscal 2013 and fiscal 2014 to date after generating its
