Moody’s affirms Miami Valley Hospital’s ‘Aa3’ rating

Moody’s Investors Service has affirmed the “Aa3” and “Aa3/VMIG 1” ratings on Dayton, Ohio-based Miami Valley Hospital’s revenue bonds, affecting approximately $289 million.

Advertisement

The “Aa3” rating affirmation is based on several factors, including the good investment position of MedAmerica Health Systems, of which MVH accounts for 90 percent of assets and operating revenues.

The outlook remains negative, reflecting the diverging operating margins between MedAmerica and Premier Health Partners, whose flagship hospital is MVH, in fiscal year 2014 and interim FY 2015.

More articles on finance:
The interplay between HIEs, credit ratings and hospital M&A
Arkansas governor petitioned to restore insurance coverage for 53k: 4 things to know
7 hospital CFOs in the headlines

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.