- $163 million of series 2016A bonds
- $50 million of series 2016B bonds
- $50 million of series 2016C bonds
In addition, Moody’s affirmed IU Health’s “Aa3” ratings on $1.1 billion of debt.
The rating assignment is based on several factors, including IU Health’s sustained margins and its leading market position in the greater Indianapolis area and the state of Indiana.
The outlook is revised to positive, reflecting Moody’s expectations that liquidity and margins will stay strong.
More articles on healthcare finance:
Kaiser, New York Times identify most problematic medical bills: 5 things to know
Aver raises $13.6M to expand healthcare reimbursement platform
McKesson Technology Solutions CMO: Positioning the C-suite to master value-based reimbursement models
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