The rating affirmation is based on a number of factors, including Mosaic’s growth in unrestricted liquidity and moderate debt position.
Mosaic Life Care also faces numerous challenges, including a high concentration of governmental payers, a large employed physician group and expansion into more competitive secondary service areas.
The outlook remains stable, reflecting Moody’s belief that operating performance and balance sheet measures will remain steady.
More articles on healthcare finance:
5 most-read RCM stories: Feb. 15-19
Rent, food and medical costs up in NY
UPMC gets financial boost from 20% spike in health plan membership
