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

Moody’s Investors Service affirmed the “A1” rating on Midland-based MidMichigan Health’s $168.9 million of outstanding bonds.

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The ratings affirmation is based on a variety of factors, including the health system’s mutiyear trend of stable operating performance and strong leading market position.

The outlook is stable, reflecting Moody’s Investors Service’s expectation MidMichigan Health’s operating performance and leverage metrics will remain in line with prior years.

More articles on healthcare finance:
Moody’s assigns ‘A1’ to Methodist Le Bonheur Healthcare’s bonds
Moody’s withdraws rating on Elmhurst Memorial Healthcare’s debt
18 recent hospital outlook and credit rating actions

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