Moody’s affirms Methodist Le Bonheur Healthcare’s ‘A1’ and ‘A1/VMIG 1’ ratings

Moody’s Investors Service has affirmed the “A1” and “A1/VMIG 1” ratings on Memphis, Tenn.-based Methodist Le Bonheur Healthcare’s $408 million of outstanding debt.

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The “A1” rating is based on a number of factors, including MLB’s favorable financial performance and solid liquidity position.

MLH also faces several challenges, including the competitive marketplace in Memphis.

The outlook is stable, reflecting Moody’s Investors Service’s expectation that MLH will maintain its financial stability.

More articles on healthcare finance:
7 hospital bankruptcies so far in 2016
Patient registry software market to grow 12.3% year-over-year until 2021
Fitch assigns ‘AA-‘ rating to Nebraska Medicine’s bonds 

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