The rating affirmation is based on several factors, including NHSC’s consistently solid operating margins, strengthening liquidity measures and stable market share.
Offsetting these strengths are NHSC’s small size and dependence on government payers.
The outlook is stable, reflecting Moody’s Investors Service’s expectation that NHSC will maintain a healthy balance sheet and continue to produce operating margins in line with historical trends.
More articles on healthcare finance:
Last Ob-GYN department closes in NM town
S&P assigns ‘AA-‘ rating to Medical Center of Central Georgia’s bonds
Moody’s assigns ‘Aa2’ and ‘Aa2/VMIG 1’ ratings to Ascension Health’s bonds