Moody's Investors Service affirmed the "A3" rating on Morganton, N.C.-based Carolinas HealthCare System Blue Ridge's bonds, affecting approximately $38 million of rated debt.
The ratings affirmation is based on several factors, including the organization's strong market position and adequate operating performance and balance sheet metrics.
The outlook is stable, reflecting Moody's Investors Service's expectation the health system will maintain its financial performance.