Moody’s affirms ‘Ba1’ rating for Palomar Health

Moody’s Investors Service affirmed its “Ba1” rating for Escondido, Calif.-based Palomar Health, affecting $609 million of rated debt.

Advertisement

The rating affirmation reflects Moody’s expectation that Palomar Health will continue to benefit from its large size, leading market position, comprehensive clinical offerings and favorable service area.

The rating outlook is stable.

More articles on healthcare finance:

Ohio hospital faces closure after losing Medicare certification
HCA reportedly selling $1B in debt to aid Mission Health acquisition
CMS updates 2 payment models for Medicare plans: 7 things to know

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.