The rating affirmation is based on a number of factors, including SJRMC’s strong market position and solid balance sheet.
SJRMC also faces several challenges, including an economically challenging service area, a modest revenue base and a high dependence on supplemental funding.
The outlook is stable, reflecting Moody’s Investors Service’s expectation that SJRMC will maintain its strong balance sheet measures and operating performance.
More articles on healthcare finance:
Vermont regulators put pressure on Copley Hospital over FY 2017 budget
Medicaid rebates for Mylan’s EpiPen challenged by US lawmakers
For-profit hospital stock report: Week of Aug. 29-Sept. 2
