Moody’s assigns ‘Baa2′ rating to Children’s Hospital Los Angeles’ bonds

Moody’s Investors Service assigned a “Baa2” rating to Children’s Hospital Los Angeles’ $52.2 million of series 2017B revenue refunding bonds.

Advertisement

The ratings assignment is based on a number of factors, including CHLA’s strong brand name and reputation for clinical and research excellence.

The outlook is stable, reflecting Moody’s Investors Service’s expectation CHLA’s cash flow will grow during the next several years as the organization implements its performance improvement plans.

More articles on healthcare finance:
Moody’s assigns ‘Baa2’ rating to Eisenhower Medical Center’s bonds
Moody’s affirms ‘Baa2’ rating on Exeter Hospital’s bonds
Moody’s affirms ‘A2′ rating on University Hospitals’ bonds

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.