The rating assignment is based on several factors, including improvement in operating performance, stable balance sheet measures and PHS’ leading position in most of its markets.
The rating outlook is stable, reflecting Moody’s expectation that operating and balance sheet measures will remain stable at current levels.
More articles on finance:
Moody’s assigns ‘Aa2’ rating to Advocate Health Care Network’s bonds
Moody’s assigns ‘A2’ to OSF Healthcare System’s bonds
CMS enhances funding to test new nursing facility payment model
