The rating assignment was supported by a number of factors, including Trinity’s position as one of the largest nonprofit systems in the nation, which enables good cash flow, according to Moody’s.
The stable rating outlook reflects Moody’s belief that fiscal year 2015 financial performance “should be on par with FY 2014 levels given continued
efficiencies gained from the merger” of Trinity Health and Catholic Health East.
Livonia, Mich.-based CHE Trinity Health abbreviated its name to Trinity Health more than a year after Catholic Health East and Trinity Health merged to form the system.
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