Standard&Poor's Ratings Services affirmed its 'A' long-term rating on the Richmond Hospital Authority, Ind.'s $97.755 million series 2009 fixed-rate bonds, issued on behalf of Reid Hospital. Standard&Poor's also affirmed its 'AA-/A-1' dual rating and 'A' underlying rating (SPUR) on the authority's $82.015 million series 2005A variable-rate demand bonds, also issued for Reid. The outlook on these ratings is stable. The 'AA-' long-term component of the rating on the series 2005A bonds is based on insurance from Assured Guaranty Municipal Corp.,(AGM), while the 'A-1' short-term component of the rating is based on a standby bond purchase agreement provided by JPMorgan Chase Bank N.A. that expires April 8, 2013. Reid is in the process of current refunding the
