Moody’s affirms Northeast Health System’s ‘Baa1’ rating

Moody’s Investors Service has affirmed the “Baa1” rating on Beverly, Mass.-based Northeast Health System’s $45 million of debt.

Advertisement

The rating affirmation is based on several factors, including Northeast’s strong balance sheet position and advantages related to its membership in Lahey Health.

The outlook is stable, reflecting Moody’s Investors Service’s view that Northeast’s market position will remain stable and its balance metrics won’t erode.

More articles on healthcare finance:
Moody’s preliminary numbers show nonprofit healthcare profitability margins at multi-year high
Augusta Health billing glitch occurs after vendor change
Ochsner recognized for improvements implemented across spend and revenue cycle segments

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.