Standard&Poor's Ratings Services affirmed its 'AA-' issuer credit rating on Children's Hospital of Louisiana. The outlook is stable. In addition, Standard&Poor's withdrew its long-term rating, based on Children's credit strength, on the $53 million series 2014-A2 custodial receipts relating to University Medical Center Management Corp. (UMCMC), La. Louisiana Children's Medical Center (LCMC) is the parent organization for Children's Hospital (in New Orleans), Touro Infirmary (Touro; 'A+'), and UMCMC (the parent of Interim Louisiana Hospital, or ILH). Effective April 1, 2014, LCMC and Touro entered into a cooperative endeavor agreement with Parish Hospital Service District for the Parish of Orleans, District A (Parish Hospital Service District), to manage the daily operations of the 80-bed public hospital and
