Moody’s affirms Eisenhower Medical Center’s ‘Baa2’ rating

Moody’s Investors Service affirmed the “Baa2” rating on Rancho Mirage, Calif.-based Eisenhower Medical Center’s $363 million of rated debt.

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The rating affirmation is based on a number of factors, including Eisenhower’s solid market position in its primary service area.

Eisenhower also faces numerous challenges, including liquidity metrics that remain below those of its peers.

The outlook is stable, reflecting Moody’s Investors Service’s expectation that Eisenhower will continue to generate favorable margins but that capital spending will limit balance sheet growth.

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