Moody’s affirms CentraCare Health System’s ‘A1’ rating

Moody’s Investors Service has affirmed the “A1” rating assigned to St. Cloud, Minn.-based CentraCare Health System’s $230 million of outstanding rated bonds.

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The rating affirmation is based on several factors, including CentraCare’s regularly strong margins, dominant market position and stable liquidity balances.

The outlook is stable, reflecting Moody’s expectation that balance sheet measures and strong financial performance will be maintained over the next 12 to 18 months.

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