The rating assignment is based on a variety of factors, including the medical group’s size and scale as a nonprofit, multispecialty medical group practice and strong coverage capabilities within its primary service areas.
The outlook is stable, reflecting Moody’s Investors Service’s expectation the medical group will meet projections, maintain model margins and slowly build its liquidity.
More articles on healthcare finance:
S&P places MetroHealth System’s ‘A-‘ bonds on CreditWatch
S&P lowers North Oaks Health System’s rating to ‘BB+’ on select bonds
Fitch assigns ‘AA-‘ rating to University Medical Center of El Paso’s bonds
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