The rating assignment is based on a number of factors, including OhioHealth’s history of strong cash flow margins and its leading market position in a competitive area.
The outlook is stable, reflecting Moody’s Investors Service’s expectation that OhioHealth will sustain its cash flow margins and liquidity.
More hospital outlook and credit rating actions:
Moody’s assigns ‘Baa3’ rating to Iraan General Hospital District’s bonds
Moody’s assigns ‘Aa3’ rating to Sutter Health’s bonds
S&P assigns ‘BBB-‘ rating to Presence Health’s bonds