The rating upgrade is based on a number of factors, including WRMC’s leading market position, significant patient volume growth and strong cash flow generation.
The outlook is stable, reflecting WRMC’s solid operating performance, which Moody’s expects will continue.
More articles on healthcare finance:
H1 2016 nonprofit hospital bond issuance at $20.2B
Memorial Healthcare System CAO shares process behind patient finance initiative
For-profit hospital stock report: Week of July 11-15