The rating affirmation is based on several factors, including recent operation traction resulting in healthier margins.
Offsetting these strengths are DHS’ weak liquidity position, small size and lack of financial flexibility.
The outlook is negative, reflecting Moody’s expectation that potential for violation of strict cash covenant poses risk of acceleration.
More articles on healthcare finance:
5 most-read finance stories: Week of Jan. 11-15
Alabama asks for $157 million increase for Medicaid
WebMD not in sales talks with Walgreens, UnitedHealth
