Moody's affirms 'Baa1' rating on Mount Sinai Medical Center's bonds

Moody's Investors Service affirmed the "Baa1" rating on Miami Beach, Fla.-based Mount Sinai Medical Center's bonds, affecting approximately $276 million of debt.

The ratings affirmation is based on several factors, including the medical center's multiyear solid operating performance and solid liquidity position.

The outlook is stable, reflecting Moody's Investors Service's expectation MSMC's fundamentals will support continued operating momentum and growth liquidity to moderate leverage.

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