“The rating action reflects the application of our U.S. nonprofit acute care standalone hospitals criteria,” said S&P credit analyst Allison Bretz.
The outlook is stable, reflecting S&P’s anticipation that MHSC will continue to improve financial performance.
More hospital outlook and credit rating actions:
S&P revises Miami Children’s Hospital’s rating to ‘A+’
Moody’s downgrades Reading Hospital and Medical Center’s rating to ‘A2’
Moody’s places Fremont-Rideout Health Group’s ‘A3’ rating under review for downgrade
