The financial service provider also affirmed the “BBB-” underlying rating on the hospital’s $70 million of series 2014 revenue bonds.
“The ratings reflect our view of Henry Mayo’s strong cash flow despite industry challenges, because of its healthy payer mix and management’s attention to enhancing service lines and controlling costs,” said S&P analyst Allison Bretz.
The outlook is stable.
More articles on healthcare finance:
S&P lowers Richmond Hospital Authority’s rating to ‘A-‘
S&P revises Beaver Dam Community Hospital’s outlook to stable
Moody’s revises Lake Health’s outlook to negative
