S&P assigns ‘A-‘ rating to Benefis Health System’s bonds

S&P Global Ratings assigned an “A-” long-term rating to Great Falls, Mont.-based Benefis Health System’s series 2016 bonds and affirmed the “A-” underlying rating on Benefis’ series 2007 and 2011A bonds.

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“The ratings reflect our view of Benefis’ dominant business position, solid payer mix, sound cash flow and management team that has consistently beat operating targets and remains forward-looking with projections,” said S&P analyst Brian Williamson.

The outlook is stable, reflecting S&P’s view that Benefis will maintain if not improve balance its sheet metrics and keep its sound operating results.

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