The rating affirmation was supported by a number of factors, including the hospital’s stable financial performance, good balance sheet metrics and location in a demographically favorable Boston suburb, according to Moody’s.
South Shore also faces some challenges, which were considered for the rating affirmation, such as a planned merger with Boston-based Partners HealthCare that was blocked by a judge, a higher than average amount of bank related debt, and potential plans for new borrowing over the next year.
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