Moody’s affirms ThedaCare’s ‘A1’ rating

Moody’s Investors Service has affirmed the “A1” rating on Appleton, Wis.-based ThedaCare’s $239 million of outstanding rated debt.

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The rating affirmation reflects ThedaCare’s continued operating revenue growth, adequate balance sheet metrics and leading market share. ThedaCare also faces several challenges, including a competitive broader market.

The outlook is stable, acknowledging ThedaCare’s sufficient liquidity position, continued revenue growth and solid market share.

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