Moody’s affirms ‘A2’ rating on Baystate Medical Center

Moody’s Investors Service affirmed the “A2” rating on Springfield, Mass.-based Baystate Medical Center’s $240 million of debt issued through the Massachusetts Development Finance Agency.

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The affirmation is a result of several factors, including Baystate’s strong market position and a health plan that has rebounded from operating losses.

The outlook is stable, reflecting Moody’s expectation that the hospital will improve cash flow margins to retain strong balance sheet metrics.  

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