The ratings affirmation is based on a number of factors, including the health system’s size and diversity, historically below-average debt metrics and declining liquidity.
The outlook is stable.
More articles on healthcare finance:
S&P affirms ‘BBB’ rating on Jackson Hospital & Clinic’s bonds, revises outlook to negative
Moody’s assigns ‘A1’ rating to Medical University of South Carolina’s bonds
Moody’s affirms ‘Aa2’ rating on Monongahela Valley Health System’s LOC-backed bonds
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