S&P revises Children’s Hospital of Alabama’s outlook to positive

S&P Global Ratings affirmed its “A+” long-term rating on Birmingham-based Children’s Hospital of Alabama’s series 2015 revenue refunding bonds.

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The affirmation is a result of several factors, including CHA’s dominant market position, healthy operating profile and solid debt service coverage.

The outlook was revised to positive, reflecting the hospital’s rapid accumulation of unrestricted reserves, growing market share and strong balance sheet growth.

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