Moody’s revises Mount Sinai Hospital’s outlook to stable

Moody’s Investors Service affirmed the “A3” rating on New York City-based Mount Sinai Hospital, affecting approximately $315 million in bonds.

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The ratings affirmation is based on a number of factors, including the hospital’s strong market position as a reputable academic medical center.

The outlook was revised to stable from negative, reflecting Moody’s Investors Service’s favorable opinion of MSH’s improved operating performance and the overall notable liquidity growth at system hospitals following sizeable asset sales.

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