The “Aa3” long-term rating was supported by a number of factors, including INTEGRIS’ solid market position and strong management and governance.
The system also faces some challenges, which were considered for the rating assignment, such as operating in a highly competitive healthcare market and the system’s planned use of cash for increased capital spending.
INTEGRIS has a stable outlook, which is based on Moody’s expectation that the system will continue to have positive margins. Moody’s also expects the system to have “careful oversight of multiple major capital projects over the next few years.”
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