Moody’s upgrades Parkview Health System’s rating to ‘Aa3’

Moody’s Investors Service has upgraded to “Aa3” from “A1” the long-term unenhanced and underlying ratings on Fort Wayne, Ind.-based Parkview Health System’s bonds, affecting approximately $471 million of outstanding debt.

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By: Staff

The upgrade is based on several factors, including Parkview’s strong financial performance and debt service coverage, growth in absolute liquidity measures and manageable capital spending.

The outlook is stable, reflecting Parkview’s solid operating performance, which Moody’s expects will continue.

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