Moody’s assigns ‘Aa2’ to Northwestern Memorial HealthCare

Moody’s Investors Service assigned its “Aa2” rating to Chicago-based Northwestern Memorial HealthCare’s proposed $525 million series 2017A and $162 million series 2017B bonds.

Advertisement

The assignment is a result of several factors including NMHC’s prominent market position, healthy investment position, solid margins and manageable leverage. Moody’s also acknowledged NMHC’s increasing competition and moderate monthly liquidity.

The outlook is stable, reflecting Moody’s expectation that NMHC will maintain solid operating cash flow margins to stabilize its liquidity metrics. 

More articles on healthcare finance:
Logan Regional Hospital receives $5M donation to enhance cancer care services
This week’s 5 must-reads for hospital RCM leaders
11 hospitals seeking RCM talent

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.