Moody's Investors Service affirmed its "Aa2" rating on Salt Lake City-based University of Utah Hospitals and Clinics, affecting approximately $74 million of rated debt.
The affirmation is a result of several factors, including the health system's stable financial performance, reputation as a high-acuity provider and its ownership structure with the University of Utah.
The outlook is stable, reflecting Moody's expectation that the health system will maintain its strong, stable financial performance and continue to expand its footprint with the construction of new facilities.