Moody’s affirms ‘A2’ rating for Children’s Hospital of the King’s Daughters

Moody’s Investors Service affirmed its “A2” issuer default rating for Norfolk, Va.-based Children’s Hospital of the King’s Daughters.

Advertisement

The rating reflects the hospital’s robust healthy margins, adequate debt measures, robust liquidity position and its role as the only freestanding pediatric hospital in the state.

The rating outlook is stable.

More articles on healthcare finance:

10 hospitals seeking RCM talent
Texas’ biggest nursing home operator seeks bankruptcy protection
Moody’s affirms ‘A3’ rating for Tower Health

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.

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.