Moody's affirms Memorial Hospital's 'Baa3' rating

Moody's Investors Service has affirmed the "Baa3" rating on North Conway, N.H.-based Memorial Hospital's $17.8 million of rated debt.

The rating affirmation is based on several factors, including Memorial's critical access designation, continued liquidity growth and maintenance of good debt service coverage.

The outlook remains stable, reflecting Memorial's return to stronger operating performance in fiscal year 2015 after a challenging fiscal year 2014.

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