Moody's affirms 'A2' rating for UC Health

 

Moody's Investors Service affirmed its "A2" issuer and bond ratings for Cincinnati-based UC Health, affecting $363 million of rated debt.

The rating affirmations reflect Moody's view that UC Health will maintain its prominent market position as the only academic medical center in the Cincinnati area. Investments in high acuity service lines will support this position.

The rating outlook has been revised from stable to negative.

More articles on healthcare finance:

Trump's 2020 budget: 5 must-read stories for healthcare leaders
Shuttered California hospital to reopen after city OKs operating agreement
CEO Peter Banko on Centura Health's plan to double revenue by 2025

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months