Moody’s affirms Mountain States Health Alliance’s bond rating

Moody’s Investors Service has affirmed the “Baa1” rating on Johnson City, Tenn.-based Mountain States Health Alliance’s outstanding debt.

Advertisement

The rating affirmation was supported by a number of factors, including the 13-hospital system’s improved financial performance and leading market position in its 29-county service area.

The system also faces some challenges, which were considered for the rating affirmation, such as having a very high leverage position.

More articles on healthcare finance:

Brains over brawn is the key to reducing supply costs
Advocate Health Care sees setbacks from investments
How to shatter the CFO stereotype

Advertisement

Next Up in Financial Management

  • Tacoma, Wash.-based MultiCare Health System is launching a health insurance plan. MultiCare Health Plan, announced Oct. 1, will operate as…

  • Chillicothe, Ohio-based Adena Health will establish a system-level board of directors with five local advisory boards operating under its oversight.…

Advertisement

Comments are closed.