Moody’s has also affirmed the “Aa3” rating on Allina Health’s outstanding bonds, affecting approximately $606 million of rated debt.
The rating assignment and affirmation are based on several factors, including Allina Health’s favorable balance sheet measures and relatively stable operating performance over the past few years.
The outlook is stable, reflecting Moody’s expectation that balance sheet measures will be maintained and future performance will remain consistent with fiscal year 2014 and results seen through the second quarter of 2015.
More articles on finance:
How CHS, Tenet, UHS, LifePoint and HCA fared on ‘Black Monday’
Hospital revenue data shows growing financial risk from self payers: 3 takeaways
Tufts Medical Center Q3 profits plummet
