Moody's assigns 'Aa2' rating to University of Iowa Hospitals & Clinics

Moody's Investors Service has assigned an "Aa2" rating to Iowa City-based University of Iowa Hospitals & Clinics' proposed hospital revenue bonds.

The assignment  is supported by Moody's expectation that the system's strong brand as the only academic medical center in Iowa will continue to translate to a strong market share.

The rating outlook is stable.

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