The rating assignment is based on a number of factors, including HRHS’ solid liquidity, revenue diversification and manageable debt burden.
Fitch also affirmed the “BBB” rating on HRHS’ following bonds:
- $30 million of series 2006A bonds
- $46.3 million of series 2014A bonds
The outlook is stable.
More articles on healthcare finance:
S&P raises Susquehanna Health’s rating to ‘A+’
Moody’s assigns initial ‘A1’ rating to UAB Medicine’s bonds
Boca Raton Regional Hospital sees net income plummet 68%
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