Moody's Investors Service has affirmed the "A2" rating on Springfield, Mass.-based Baystate Medical Center's $240 million of debt issued through the Massachusetts Development Finance Agency.
The rating affirmation is based on a number of factors, including Baystate's strong market share and position as a key teaching hospital and high-acuity services in western Massachusetts.
The outlook is stable, reflecting Moody's Investors Service's expectation that Baystate will improve its financial performance in fiscal year 2016.