Moody's affirms 'Baa1' rating for Terrebonne General Medical Center

 

Moody's Investors Service affirmed its "Baa1" rating for Houma, La.-based Terrebonne General Medical Center, affecting $37 million of outstanding revenue bonds.

The affirmation is supported by Moody's expectation that the hospital will maintain its strong market position and show continued improvement in operating performance.

The rating outlook has been revised from negative to stable.

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