The rating affirmation is based on several factors, including Cape Fear’s strong market share and high demand for services.
Offsetting these strengths are the system’s low profitability and liquidity metrics.
The outlook is stable, reflecting Moody’s Investors Service’s view that Cape Fear will continue to leverage its strong market position.
More articles on healthcare finance:
Moody’s revises UnityPoint Health’s outlook to negative
Moody’s assigns ‘A2’ rating to Pinnacle Health System’s bonds
Beating the self-pay problem: How 3 hospitals developed patient loan programs
