“The rating reflects SBHD’s continued strong overall financial profile as evidenced by operating performance and key balance metrics that are consistent with the ‘AA’ rating,” said S&P analyst Stephen Infranco.
The agency also affirmed the following ratings on HSHS’ bonds, including:
- “AA” rating on its series 2016A bonds
- “AA” rating on its series 2007 bonds
- “AA” rating on its series 2009 bonds
- “AA” rating on its series 2015 bonds
- “AA” rating on its series 2016 bonds
The outlook is stable, reflecting S&P’s expectation the health system will maintain its solid enterprise profile and continue to generate strong earnings.
More articles on healthcare finance:
Fitch affirms ‘BB’ rating on Marietta Memorial Health System’s bonds
S&P assigns ‘AA-/A-+’ rating to Hospital Sisters Health System’s bonds
Moody’s affirms ‘Aa3’ rating on Partners HealthCare’s bonds
