Moody’s has also affirmed the “A2” rating on Highland’s outstanding rated debt.
The rating assignment is based on a number of factors, including Highland’s healthy financial performance and the expectation that the new bond-financed facilities will be well utilized and generate additional cash flow.
The rating outlook is stable, reflecting Moody’s expectation that Highland will continue to generate good operating cash flow and that the hospital has no additional borrowing plans over the next two years.
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