The outlook revision reflects Moody’s Investors Service’s expectation that Yavapai will continue to generate strong cash flow.
Moody’s also assigned a “Baa1” rating to Yavapai’s $43.8 million of series 2016 bonds.
The rating assignment is attributed to Yavapai’s track record of strong cash flow generation and solid market share as the only acute care hospital in its primary service area.
More articles on healthcare finance:
12 recent hospital outlook and credit rating actions
Hospitals’ best defense against denials is in the palm of your patient’s hand
Lawmakers to question NIH officials on funding for WHO cancer agency
