Moody's affirms 'Baa2' rating on Jupiter Medical Center's bonds

Moody's Investors Service affirmed the "Baa2" rating on Jupiter (Fla.) Medical Center's series 2013A bonds, affecting $40.1 million of debt.

The ratings affirmation is based on a number of factors, including the medical center's consistent financial performance, growing balance sheet resources and liquidity metrics and strong management team.

The outlook is stable, reflecting Moody's Investors Service's expectation that despite the possibility Jupiter Medical Center will deploy its resources to increase its capital, its relative credit metrics will remain within the rating range.

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