Moody's affirms 'A2' rating for Mary Greeley Medical Center

Leo Vartorella -

Moody's Investors Service affirmed its "A2" rating for Ames, Ia.-based Mary Greeley Medical Center, affecting $64 million of outstanding revenue bonds.

The affirmation reflects Moody's expectation that the hospital will continue to produce double- digit cash flow margins and grow liquidity. The financial performance will be supported by their strong market position as the only acute care provider in the county.

The rating outlook is stable.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.