The rating upgrade was based on a number of factors, including Aurora’s improvement in unrestricted liquidity and elevated levels of performance.
The rating outlook is revised to stable at the higher rating level, which reflects a strong market position and Moody’s expectation that Aurora will continue to produce margins in-line with or better than “A2” medians.
More articles on finance:
10 things for CFOs to know about C. diff
How patient engagement has changed revenue cycle management
Discovering tactics to combat uncompensated care