The long-term rating affirmation is a result of several factors, including CHS’ stable financial performance, healthy balance sheet measures, manageable capital spending plans and the system’s sheer size. The short-term ratings are attributed to the health system’s ability to meet commercial paper maturities with liquidity and the bank’s ability to provide liquidity to meet tenders.
The outlook is stable, reflecting Moody’s expectation that CHS’ strong financial performance will continue, which will help maintain solid debt coverage.
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