Moody’s affirms ‘A1’ rating on CaroMont Health’s bonds

Moody’s Investors Service affirmed the “A1” rating on Gastonia, N.C.-based CaroMont Health’s $186.9 million of outstanding bonds.

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The ratings affirmation is based on a number of factors, including CaroMont Health’s favorable financial performance and leading market position.

The outlook is stable, reflecting Moody’s Investors Service’s expectation CaroMont Health will continue to generate favorable operating performance levels and sustain its strong balance sheet.

More articles on healthcare finance:
Moody’s affirms ‘A1’ rating on Jackson-Madison County General Hospital’s outstanding debt
Moody’s assigns ‘Caa1’ rating to Good Shepherd Health System’s bonds
Moody’s assigns ‘A1’ rating to Children’s Hospital & Medical Center’s bonds

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