S&P assigns ‘BB+’ rating to Jennie Stuart Medical Center’s bonds

S&P Global Ratings assigned a “BB+” long-term rating to Hopkinsville, Ky.-based Jennie Stuart Medical Center’s $54.5 million of series 2016A bonds.

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“The ‘BB+’ rating reflects Jennie Stuart’s adequate enterprise profile characterized by a dominant share in a comparatively limited (population-wise) service area,” said S&P analyst Aamna Shah.

The outlook is negative.

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