Moody’s assigns ‘Baa1’ rating to Elliot Hospital’s bonds

Moody’s Investors Service has assigned a “Baa1” rating to Manchester, N.H.-based Elliot Hospital’s series 2016 bonds, affecting approximately $143 million.

Advertisement

The rating assignment is based on a number of factors, including Elliot’s leading market share, improved operating performance and improved liquidity.

The outlook is stable, reflecting Moody’s Investors Service’s expectation for continued solid operating performance and liquidity growth.

More articles on healthcare finance:
For-profit hospital stock report: Week of Oct. 3-7
Texas hospital explores bankruptcy
5 healthcare CFOs in the headlines

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.