“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