Moody’s affirms Central Florida Health Alliance’s ‘A3’ rating

Moody’s Investors Service has affirmed the “A3” rating on Lady Lake-based Central Florida Health Alliance’s outstanding bonds issued through the Sumter County Industrial Department Authority and the city of Leesburg, affecting $89 million of debt.

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The rating affirmation is based on a number of factors, including CFHA’s leading market share in its primary service area and consistently favorable financial performance.

These strengths are offset by CFHA’s 74 percent dependence on Medicare, which limits revenue growth.

The outlook is stable, reflecting Moody’s expectations that CFHA’s performance in fiscal year 2016 will remain strong.

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