Moody's Investors Service has affirmed the "A2" bond rating on Lawrenceville, Ga.-based Gwinnett Hospital System's $140.5 million of outstanding revenue certificates.
The rating affirmation is based on several factors, including GHS' growing market share and solid liquidity position.
The outlook is revised to negative, reflecting continued thin operating performance through the first half of fiscal year 2016, as well as management's expectation that performance won't improve materially by the end of the year.