Moody's affirms 'Aa3' rating for Cedars-Sinai Medical Center

Moody's Investors Service affirmed its "Aa3" rating for Los Angeles-based Cedars-Sinai Medical Center, affecting $1.1 billion of outstanding debt.

The rating is attributed to the hospital's strong margins, excellent balance sheet metrics, strong local and national reputation for patient care and research, and strong fundraising.

The rating outlook is stable.

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