Moody’s revises MaineGeneral Medical Center’s outlook to stable

Moody’s Investors Service has revised the outlook to stable from negative and affirmed the “Ba2” rating on Augusta-based MaineGeneral Medical Center’s $281 million of debt.

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The outlook revision is based on MGMC’s improved margins in fiscal year 2016 and expected liquidity growth.

The “Ba2” rating affirmation reflects MGMC’s high leverage and weak liquidity.

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