The rating affirmation was supported by a number of factors, including SCLHS’s favorable unrestricted cash balances. As of fiscal year end 2013, the system had 310 days cash on hand.
The rating affirmation was also supported by the system’s ever-improving operational integration and its dominant or leading market share in most of its markets.
SCLHS also faces some challenges, which were considered for the rating affirmation, the biggest of which is its relatively weak debt measures.
