The outlook revision is based on JRMC’s improved operating performance.
Moody’s also assigned a “Baa3” rating to JRMC’s $99 million of outstanding debt. The rating assignment is based on several factors, including JRMC’s adequate balance sheet cushion relative to debt structure risks.
More articles on healthcare finance:
Tenet reports lower-than-expected Q3 earnings
Pittsburgh Post-Gazette report has Pennsylvania reconsidering charity care definition
10 most-read healthcare finance stories in October
