Moody’s affirms Concord Hospital’s ‘A2’ rating

Moody’s Investors Service has affirmed Concord (N.H.) Hospital’s “A2” rating, affecting $80.4 million of rated bonds.

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The rating affirmation is supported by CH’s leading market share in a demographically favorable primary service area and Moody’s expectation of improved performance going forward given the June 2014 settlement with the state over Medicaid disproportionate share funding.

The system outlook is stable, reflecting Moody’s belief that CH will continue to produce consistent results and improve balance sheet and debt measures.

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