The rating upgrade was based on a number of factors. “We assessed Cape Cod Healthcare’s enterprise profile as strong characterized by its dominant market share in a large primary service area, and its financial profile as strong, with consistently healthy financial operating performance in recent years and relatively light debt,” said Jennifer Soule, an S&P credit analyst.
Cape Cod Healthcare’s outlook is stable, which reflects the system’s solid enterprise profile and a financial profile that is in-line with S&P’s expectations for the rating.
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