Moody's affirms 'A1' rating on Jackson-Madison County General Hospital's outstanding debt

Moody's Investors Service affirmed the "A1" rating on Jackson (Tenn.)-Madison County General Hospital's $277 million of outstanding debt.

The rating affirmation is based on a variety of factors, including the hospital's leading market position, strong liquidity compared to daily expenses and good debt service coverage measures.

The outlook is stable, reflecting Moody's Investors Service's expectation the hospital's performance will improve during the second half of fiscal year 2017.

More articles on healthcare finance:
Fitch upgrades New York City Health + Hospitals' rating to 'AA-'
Moody's assigns 'MIG1' rating to South Central Regional Medical Center's notes
S&P revises Massachusetts Ear and Eye's outlook to negative

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months