Moody’s affirms Baptist Health Care’s ‘A3’ rating

Moody’s Investors Service has affirmed Pensacola, Fla.-based Baptist Health Care’s “A3” rating, affecting $144.6 million of outstanding rated debt.

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The rating affirmation is based on a number of factors, including Baptist Health Care’s continued solid profitability and strengthening of an already leading market position.

The outlook is stable, reflecting Moody’s Investors Service’s expectation that Baptist Health Care’s current performance will be sustained.

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