The ratings affirmation is based on a number of factors, including SGHS’ competitive position, improved operating performance and favorable payer mix.
The outlook is stable, reflecting Moody’s Investors Service’s expectation the health system will maintain its sustained revenue growth and improved operating performance.
More articles on healthcare finance:
Fitch revises ratings watch on Tulare Regional Medical Center’s ‘BB-‘ rated bonds to negative
S&P lowers rating on Ryder Memorial Hospital’s bonds to ‘B+’
Moody’s assigns ‘Ba2’ rating to Reliant Medical Group’s bonds