Moody's affirms 'Aa2,' 'Aa2/VMIG 1' and 'P-1' rating on Adventist Health System/ Sunbelt Obligated Group's debt

Moody's Investors Service affirms the "Aa2," "Aa2/VMIG 1" and "P-1" rating on Altamonte Springs, Fla.-based Adventist Health System/Sunbelt Obligated Group's outstanding debt, affecting $1 billion of rated debt.


The affirmations are based on Adventist Health's strong financial performance and smooth transition between leaders.

The outlook is stable, reflecting Moody's expectation that financial performance will remain at current levels.

More articles on healthcare finance:
4 of 37 provider-sponsored health plans profitable in 2015
Illinois ordered to increase Medicaid funding to providers during budget impasse
Federal judge to decide whether Illinois must expedite $2B in Medicaid payments owed to providers in budget stalemate

© Copyright ASC COMMUNICATIONS 2018. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Top 40 Articles from the Past 6 Months