The rating affirmation is based on a number of factors, including Flagler’s leading market position and history of stable operating performance.
The hospital’s challenges include its proximity to the competitive market in Jacksonville, Fla., as well as a high concentration of governmental payers, which limit revenue growth.
The outlook is stable, reflecting Moody’s Investors Service’s expectations that margins and liquidity will be sustained.
More articles on healthcare finance:
Insider selling: LifePoint director sells 3,800 shares
Novant Health sees operating income jump 115.2%
Catholic Health sees revenue increase 14.9% in FY 2015
