The rating affirmation is based on a number of factors, including the health system’s perceived credit strengths, such as its leading market position, strong clinical offerings and ongoing strong operating and balance sheet measures.
The outlook is stable, reflecting Moody’s Investors Service’s expectation the health system will improve operating performance in the latter half of the year, maintain its market position and continue to improve its balance sheet measures.
More articles on healthcare finance:
S&P revises Peterson Regional Medical Center’s outlook to positive
S&P downgrades Greenville Health System’s fixed-rate debt rating to ‘A+’
Thompson Reuters ranks Kaufman Hall No. 1 financial advisor in healthcare
