The rating affirmation is based on a number of factors, including RUMC’s strong operating performance, modest balance sheet metrics, challenging payer environment and competitive market.
The outlook is stable, reflecting Moody’s Investors Service’s expectation RUMC will maintain its solid operating performance.
More articles on healthcare finance:
9 recent hospital outlook and credit rating actions
Moody’s affirms ‘A1’ rating on Phoebe Putney Memorial Hospital’s bonds
Fitch assigns ‘BB+’ rating to Orange Regional Medical Center bonds