The hospital’s rating affects about $62 million of rated bonds issued through the Redevelopment Authority of Green Bay, Wis., and the Wisconsin Health and Educational Facilities Authority.
The affirmation of BMH’s rating and outlook were based on a number of factors, including the hospital’s improved operating margins in 2013 and through the first six-months of fiscal year 2014.
Moody’s expects BHS to continue to record good operating margins and to show improvement in debt coverage.
More Articles on Hospital Credit Ratings:
Fitch Affirms ‘AA-‘ Rating of Greenwich Hospital’s Bonds, Outlook Stable
Moody’s Affirms Wheaton Franciscan Healthcare ‘Baa1’ Rating
Fitch Affirms ‘A+’ Rating of St. Clair Hospital Bonds, Revises Outlook to Positive
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