The outlook revision reflects Moody’s Investors Service’s expectation that WCHA will be able maintain adequate liquidity and operating performance ratios.
Moody’s also downgraded the rating on WCHA’s $54 million of debt to “Baa3” from “Baa2.” The downgrade is based on several factors, including WCHA’s pressured physician recruitment and high debt burden.
More hospital outlook and credit rating actions:
Moody’s affirms Owensboro Health’s ‘Baa3’ rating
Fitch affirms UF Health Jacksonville’s ‘BBB’ rating
Fitch revises ThedaCare’s outlook to negative
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