Moody's affirms 'A1' rating on Children's Hospital of Alabama's bonds

Moody's Investors Service affirmed the "A1" rating on Birmingham-based Children's Hospital of Alabama's revenue bonds, affecting $153 million of rated debt.

The ratings affirmation is based on a number of factors, including CHA's strong market position, strong operating performance and favorable liquidity measures.

The outlook is stable, reflecting Moody's Investors Service's expectation CHA will continue to maintain its operating performance and favorable liquidity metrics despite continued pressure of reduced Medicaid reimbursement.

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