Concurrently, Moody’s upgraded the rating on Baltimore-based Johns Hopkins Hospital, a member of the health system, to “Aa2” from “Aa3.”
The upgrades are based on several factors, including the health system’s regional brand recognition, healthy market position, favorable liquidity metrics and strong fundraising capabilities.
The outlook was revised to stable at the higher rating level, reflecting Moody’s expectation that Johns Hopkins Health System will maintain its strong liquidity metrics and improve its margins.
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