The outlook revision is based on a number of factors, including Moody’s Investors Service’s expectation that the hospital will continue to capitalize on the organizational and operational changes it implemented over the last two years.
Moody’s also affirmed the “A1” rating on UA Hospital’s bonds, affecting approximately $330 million of rated debt.
The rating affirmation is based on a number of factors, including UA Hospital’s solid market share in Birmingham and throughout the state for high acuity services.
More articles on healthcare finance:
Fitch: 5 industry trends in value-based care
Moody’s upgrades North Broward’s long-term JDA rating to ‘Aa1’
Moody’s changes Bronson Healthcare Group’s outlook to stable
