“The ‘AA-‘ rating further reflects our view of BSW’s significant geographic spread throughout central and north Texas, good operational liquidity and solid financial operations,” said S&P credit analyst Kevin Holloran.
The outlook is stable, reflecting S&P’s anticipation of continued solid operating results and view that BSW is prepared for healthcare reform and changes in reimbursement.
S&P has also assigned an “AA-” rating on Baylor Scott & White Health’s $535.89 million of series 2016 bonds.
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