Moody's revises Sisters of Charity of Leavenworth Health System's outlook to stable

Moody's Investors Service has affirmed the "Aa3" and "Aa3/VMIG 1" revenue bond ratings on Broomfield, Colo.-based Sisters of Charity of Leavenworth Health System's $1.5 billion of rated debt.

 

 

Moody's has also affirmed the "Aa3" ratings on certain debt guaranteed by SCL Health benefiting Billings, Mont.-based Med-Map.

The outlook has been revised to stable from negative.

The "Aa3" rating affirmation and outlook revision are based on several factors, including performance and leverage measures in audited year 2014 and year-to-date 2015 that show consistency of performance at a high level. Moody's expects SCL Health's margins to remain high.

More articles on finance:
Personal savings accelerate Tribridge CEO's Uber experiment
Tenet posts $29M loss, unveils stock-buyback plan
CMS finalizes physician fee schedule for 2016: 10 things to know

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months