The rating affirmation is based on several factors, including SVHC’s leading market position in a stable service area, track record of profitability and maintenance of good debt coverage ratios.
The outlook remains stable, reflecting Moody’s expectation that SVHC will continue to benefit from its market position to generate solid operating margins, good debt coverage and improved liquidity ratios.
More hospital outlook and credit rating actions:
Moody’s revises Temple University Health System’s outlook to developing
Moody’s affirms Cullman Regional Medical Center’s ‘Ba1’ rating
Moody’s affirms Longmont United Hospital’s ‘Baa2’ rating
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