Standard & Poor's Ratings Services has assigned an "A-" issuer credit rating to Huron (S.D.) Regional Medical Center, and affirmed the "A-" long-term rating on Huron's series 1994 bonds.
"We assessed the enterprise profile as adequate reflecting Huron's limited service area population, rural economy and small medical staff, even as we also recognize that the executive team has done a very solid job of managing the facility within these constraints," said S&P credit analyst Cynthia Keller.
The outlook is stable, reflecting S&P's expectation that Huron will continue to operate profitably and maintain its robust balance sheet.
More articles on healthcare finance:
Moody's withdraws 'A3' rating on Baptist Healthcare System's bonds
Moody's assigns initial 'A3' rating to Vanderbilt University Medical Center's bonds
Moody's assigns 'Baa2' rating to Boston Medical Center's bonds