The ratings affirmation reflects a variety of factors, including the near completion of the district’s capital renovation and expansion project, its continued strong performance and favorable payer mix.
The outlook is negative, reflecting Moody’s Investors Service’s expectation the district will experience cash growth during fiscal year 2017 and FY 2018 and will maintain its overall strong financial performance.
More articles on healthcare finance:
S&P assigns ‘AA-‘ rating to Froedtert Health’s debt
Moody’s affirms ‘A1’ rating on Memorial Health System’s bonds
Moody’s affirms ‘Baa2’ rating on Pacific County Public Hospital District’s debt
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