Moody’s affirms ‘A1’ rating on Akron Children’s bonds

Moody’s Investors Service affirmed the “A1” rating on Akron (Ohio) Children’s Hospital’s $186 million of outstanding rated revenue bonds.

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The ratings affirmation is based on several factors, including the hospital’s strong and stable operating performance, leading market share and solid balance sheet.

The outlook is stable, reflecting Moody’s Investors Service’s expectation the hospital will maintain a healthy balance sheet and strong operating performance.

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