Concurrently, Moody’s affirmed its “A2” rating on Centra Health’s outstanding debt.
The assignment and affirmation is a result of several factors, including Centra Health’s leading market position, modest debt burden, improving margins, strategic expense reductions and liquidity growth.
The outlook remains negative as the health system works to reverse several years of suppressed margins during an IT system implementation and a period of weakened liquidity.
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