Outlook Revised To Stable On Pomona Valley Hospital Medical Center, CA's Bonds Due To Improved Operating Results Sep 11

Standard & Poors, September 2011

Abstract
SAN FRANCISCO (Standard & Poor's) Sept. 13, 2011-- Standard & Poor's Ratings Services revised its outlook to stable from negative and affirmed its 'BBB-' underlying rating (SPUR) on California Health Facilities Financing Authority's outstanding debt, issued on behalf of Pomona Valley Hospital Medical Center (Pomona Valley). "The rating reflects our view of Pomona Valley's notable improvement in its operating results, which have returned to just above break even," said Standard & Poor's credit analyst Geraldine Poon. "In addition to the operational turnaround, Pomona Valley has benefited significantly from the California State Provider Fee, and the balance sheet has improved considerably," Ms. Poon added. RELATED CRITERIA AND RESEARCH USPF Criteria: Not-For-Profit Health Care, June 14, 2007...

Companies mentioned in this report are: Pomona Vy Hosp Med Ctr,California Hlth Facs Fin Auth
Action: Affirmed
Action: Outlook: Stable

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

Pomona Vy Hosp Med Ctr,California Hlth Facs Fin Auth

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