The ratings affirmation is based on a variety of factors, including MHS’ leading market position, sound debt coverage and still adequate liquidity.
The outlook is stable, reflecting Moody’s Investors Service’s expectation MHS’ performance will show some improvement throughout fiscal year 2017 and operations will at least meet budgeted expectations.
More articles on healthcare finance:
OmniSYS acquires voiceTech
Arizona Senate approves bill to fight surprise medical billing
S&P lowers rating to ‘BBB+’ on St. Anthony’s Medical Center’s bonds
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.