The rating affirmation reflects Southcoast’s solid market share in southeastern Massachusetts and strong balance sheet measures.
The outlook is stable, reflecting Moody’s Investors Service’s expectation that Southcoast will maintain the financial improvement it has achieved in recent quarters.
More articles on hospital outlook and credit rating actions:
Fitch affirms Stanford Health Care’s ‘AA,’ ‘AA/F1+’ ratings
Moody’s revises Piedmont Healthcare’s outlook to negative
Moody’s assigns initial ‘Ba1’ rating to Oaklawn Hospital’s bonds
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