S&P Global Ratings revised its outlook to stable from negative and affirmed its 'A-' long-term rating on Richmond Hospital Authority, Ind.'s $92 million series 2015A fixed-rate bonds, issued for Reid Hospital (doing business as Reid Health). The outlook revision reflects operational improvement that occurred in fiscal 2019, as the hospital recovered from the one-time costs it incurred in 2018 from the implementation of an electronic medical record (EMR) system. The revision also reflects Reid Health's positive operating performance as of May 2020, which is expected to be sustained for the remainder of the fiscal year, as admission and surgical volumes progressively return to pre-COVID-19 levels. The revision incorporates the progress that Reid has made in integrating Fayette Regional Health System
