The rating affirmation is based on a number of factors, including EMC’s consistent operating cash flow and strong philanthropic efforts.
The outlook is stable.
More hospital outlook and credit rating actions:
Fitch affirms ‘A’ rating on Forrest Health’s bonds
Moody’s affirms Avita Health System’s ‘MIG 1’ rating
Moody’s assigns ‘Baa1’ rating to Norman Regional Hospital Authority’s bonds