The rating affirmation was supported by North Shore-LIJ’s large market share, which has risen 2 percent over the last three years. The affirmation was also supported by the health system’s diversity of cash flows among a variety of patient care sites.
North Shore-LIJ also faces some challenges, which were considered in the rating affirmation, such as introducing new long-term risks by running a health insurance plan.
More articles on hospital credit ratings:
Moody’s affirms New Hanover Regional Medical Center’s ‘A1’ rating
Moody’s affirms St. John Health System’s ‘A2’ rating
5 recent hospital rating and outlook changes, affirmations
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