Moody’s assigns ‘A2’ rating to Orlando Health

Moody’s Investors Service has assigned an “A2” rating to Orlando (Fla.) Health, affecting $337 million of proposed revenue bonds.

Advertisement

The rating reflects Moody’s expectation that the system’s balance sheet and operating leverage will remain high in the short term with sizable capital plans that will accommodate growth strategies in a competitive market. The rating also reflects Orlando Health’s consistently favorable financial results and liquidity gains.

The rating outlook has been revised from positive to stable.

More articles on healthcare finance:

Pennsylvania hospital employees work without pay
HCA reportedly selling $1B in debt to aid Mission Health acquisition
Georgia health system duped out of $1.2M recovers funds

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.