Moody's affirms 'A1' rating of Arkansas Children's Hospital

Moody's Investors Service affirmed its "A1" rating on Little Rock-based Arkansas Children's Hospital, affecting $168 million of outstanding revenue bonds.

The affirmation is supported by Moody's expectation that the hospital will maintain a strong market position and return operating performance to historically stronger margins. However, the rating is balanced by the hospital's high reliance on Medicaid patients and continued expense pressures.

The rating outlook is stable.

More articles on healthcare finance:

UCHealth unveils price estimates tool
Kaiser Permanente pledges up to $1.65M to California wildfire relief
Hospital mergers seen as threat to affordable care, most U.S. survey respondents say

© Copyright ASC COMMUNICATIONS 2018. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months