Moody's cuts CCS Medical view to negative

Moody's Investors Service said it affirmed CCS Medical, Inc.'s B3 corporate family and probability of default ratings. Moody's also affirmed the B3 rating on the first-lien senior secured term loan due 2015 and the Caa2 rating on the paid-in-kind second-lien senior secured term loan due 2015.

The outlook was revised to negative from stable.

Moody's said the outlook revision reflects CCS Medical's weaker than expected operating performance since its emergence from bankruptcy in early 2010 due to a lack of growth in the patient base.

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