The rating affirmation is based a variety of factors, including the organization’s clinical excellence, broad footprint, strong operating performance and strong liquidity.
Moody’s also assigned an “Aa3/VMIG1” rating to UCHA’s proposed $116 million of series 2017B variable-rate demand bonds, and affirmed the “Aa3” rating on the organization’s outstanding debt.
The outlook is stable, reflecting Moody’s Investors Service’s expectation UCHA’s overall performance will remain strong.
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