The ratings affirmation is based on a variety of factors, including the health system’s large size and market share strength.
The ratings agency also affirmed the “A3” rating on Dignity Health’s parity debt.
The outlook is stable, reflecting Moody’s Investors Service’s expectation the health system’s operating performance will improve in fiscal year 2017 and that its liquidity and debt measures will strengthen over time.
More articles on healthcare finance:
Moody’s assigns ‘Baa1’ to Community Hospitals of Central California’s bonds
Fitch affirms ‘A-‘ rating on Butler Health System’s bonds
Moody’s downgrades Charleston Area Medical Center’s rating to ‘Baa1’
