Moody’s affirms ‘A2’ rating for Hendrick Medical Center

Moody’s Investors Service affirmed its “A2” rating for Abilene, Texas-based Hendrick Medical Center, affecting $111 million of debt.

Advertisement

The rating reflects Moody’s expectation that Hendrick Medical Center will maintain its leading market share in Taylor County as well as its strategic expansion into Brown County.

The rating outlook is stable.

More articles on healtchare finance:

HHS to launch new mandatory bundled payment models: 4 things to know
SLU physician group implements hiring freeze after EHR rollout
How CHS, Tenet, HCA, LifePoint and UHS fared in Q3

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.