The rating affirmation was based on a variety of factors, including NCH’s healthy operating performance and strong balance sheet. In fiscal year 2014, NCH saw a 2.1 percent operating margin and a 10.8 percent operating cash-flow margin, according to Moody’s.
NCH also faces some challenges, which were considered for the rating affirmation, such as reported inpatient declines since the end of fiscal year 2010 and significant competition in the northwest suburbs of the Chicago metropolitan area.
More articles on ratings:
Fitch downgrades Mayers Memorial Hospital District’s outlook to negative
Moody’s affirms ‘A2’ ratings assigned to Baystate Medical Center’s bonds
Fitch upgrades rating on Bon Secours Health System’s bonds
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