NEW YORK - Moody's Investors Service said it has affirmed Fremont-Rideout Health Group's (FRHG) A1 underlying ratings on bonds issued through the city of Marysville, Calif., and the California Statewide Communities Development Authority.
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The outlook is revised to negative from stable.
The negative outlook reflects FRHG's decline in operating performance in fiscal year (FY) 2007, which is projected to continue in FY 2008.
This rating action affects approximately $68 million of rated.
