Moody's Investors Service has affirmed Augusta-based Georgia Regents Medical Center's "A2" issuer rating.
The rating affirmation was supported by a number of factors, including the hospital's strong presence as a tertiary/quaternary referral academic medical center with the region's only children's hospital. Georgia Regents Medical Center's manageable capital spending plans over the next two to three years also supported the rating affirmation.
The hospital also faces some challenges, which were considered for the rating affirmation, such as operating in a competitive service area and having a modest cash flow margin.
More articles on healthcare finance:
Baptist Memorial Health Care posts $299.7M operating loss
7 recent hospital rating and outlook changes, affirmations
The 10 most popular healthcare finance stories of 2014