The rating assignment acknowledges NHSC’s strong revenue growth, healthy balance sheet measures and good debt coverage.
Moody’s also affirmed the “Baa3” rating on NHSC’s series 1999 bonds and series 2008 bonds, affecting approximately $17 million of rated revenue bonds.
The outlook remains stable.
More articles on healthcare finance:
S&P lowers Richmond Hospital Authority’s rating to ‘A-‘
S&P revises Beaver Dam Community Hospital’s outlook to stable
Moody’s revises Lake Health’s outlook to negative
