Moody's rates Community Health Network's bonds

Moody's Investors Service has assigned an "A2" long-term bond rating to Indianapolis-based Community Health Network's proposed $202.1 million of series 2015A fixed rate taxable hospital revenue bonds.

The rating assignment was supported by a number of factors, including the system's materially improved operating performance and growing market share.

Community Health Network also faces some challenges, which were considered for the rating assignment, such as operating in a highly competitive service area.

The system's outlook is positive.

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