Moody’s affirms Erlanger Health System’s ‘Baa2’ rating

Moody’s Investors Service affirmed its “Baa2” revenue bond rating for Chattanooga, Tenn.-based Erlanger Health System, affecting $50 million of rated bonds.

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The rating reflects Moody’s expectation that Erlanger will translate market share growth and strong top-line revenue into improved financial performance.

The rating outlook has been revised from positive to stable.

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