The affirmation of Greenwich’s rating was based on a number of factors. The hospital has a very modest debt burden with maximum annual debt service equating to 1.2 percent of its revenue in 2013. Greenwich has also had a consistent record of operating profitability.
The affirmation of Greenwich’s outlook was based on the expectation the hospital’s operating performance will be stable due to a number of factors, such as the hospital’s consistent operating performance and low debt load.
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