The upgrade reflects Moody’s expectation that the system’s stronger balance sheet and debt measures will be maintained despite investment in a number of large capital projects.
The rating outlook has been revised from positive to stable.
More articles on healthcare finance:
Shifting to value-based approach best way to reduce health costs, says AMGA
For-profit hospital stock report: Week of Feb. 25-March 1
California health data company’s 138% stock jump a mystery to traders
