The rating assignment is based on several factors, including Benefis’ strong profitability, improving liquidity and position as an essential service provider in its primary service area.
The outlook is stable.
More hospital outlook and credit rating actions:
Fitch affirms ‘A-‘ rating on Anne Arundel Health System’s bonds
Fitch assigns ‘AA’ rating on Nationwide Children’s Hospital’s bonds
Moody’s assigns ‘Aa2/VMIG 1’ rating to Baystate Medical Center’s LOC-backed bonds