The rating affirmation is based on a number of factors, including Jupiter’s strengthening financial performance and solid management team.
These strengths are offset by Jupiter’s small size and the competitive market area in which it operates.
The outlook is stable, reflecting Moody’s expectation that operating cash flow margins will be sustained and liquidity ratios will continue to build.
More articles on healthcare finance:
Huron, Strata create first value performance management solution: 5 things to know
Florida Blue takes action after customers experience billing, coverage issues
HealthFusion to offer EHR and billing software to Florida physicians