The affirmation is a result of several factors, including the health system’s strong market share, upcoming expansion project that will expand service options and its reputation as a referral center for complex cases. Moody’s also acknowledged the health system’s pressured operating performance due to an EMR installation.
The outlook is stable, reflecting Moody’s expectation that the health system’s operating results will be weaker in fiscal year 2018, but performance will rebound in the second half of the year.
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