Summary: Lee Memorial Health System Board of Directors, Florida Lee Memorial Health System; System

Standard&Poor's Ratings Services assigned its 'A' long-term rating to Lee Memorial Health System Board of Directors, Fla.'s $308 million series 2015A hospital revenue and refunding bonds, issued for Lee Memorial Health System (LMHS). In addition, Standard&Poor's affirmed its 'A' long-term and underlying rating (SPUR) on Lee Memorial Health System Board of Directors, Fla.'s series 2005A, 2007A, and 2010 hospital revenue bonds issued for LMHS. The $42 million 2010 bonds are taxable and issued under the Build America Bonds (BAB) program. The outlook on all ratings is stable. The rating on LMHS reflects its strong enterprise profile, anchored by its dominant market position in Lee County, which again is experiencing good population growth and favorable economic trends,

...Standard & Poor's Ratings Services assigned its 'A' long-term rating to Lee Memorial Health System Board of Directors, Fla.'s $308 million series 2015A hospital revenue and refunding bonds, issued for Lee Memorial Health System (LMHS). In addition, Standard & Poor's affirmed its 'A' long-term and underlying rating (SPUR) on Lee Memorial Health System Board of Directors, Fla.'s series 2005A, 2007A, and 2010 hospital revenue bonds issued for LMHS. The $42 million 2010 bonds are taxable and issued under the Build America Bonds (BAB) program. The outlook on all ratings is stable. The rating on LMHS reflects its strong enterprise profile, anchored by its dominant market position in Lee County, which again is experiencing good population growth and favorable economic trends, coupled with a strong financial profile. A much-improved operational performance in fiscal 2014 has continued through the five months ended Feb. 28, 2015, with expectations for strong fiscal 2015 year-end results. We consider...

Summary