The change in outlook reflects the ratings agency’s belief multiple transaction risks will challenge the hospital’s operating metrics.
Moody’s Investors Service also affirmed the “A3” rating on the hospital’s $162 million of debt. The rating affirmation is based on a number of factors, including the hospital’s large size, its status as the exclusive provider of several tertiary and quaternary services and strong market position.
More articles on healthcare finance:
Oregon Advanced Imaging selects McKesson for RCM
S&P revises Vernon Memorial Hospital’s outlook to negative
Moody’s affirms ‘Aa3’ rating on Methodist Health System’s debt
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