“The [ratings action reflects] our view of AHCN’s extremely solid enterprise profile, which includes a leading market position in the Chicagoland market and its national reputation in developing a strong clinically integrated physician network model, which has allowed it to successfully manage increasing value-based reimbursement,” said S&P analyst Suzie Desai.
The ratings agency also affirmed the ratings on AHCN’s following bonds:
- “AA+/A-1+” on its various series of variable rate demand bonds
- “A-1+” short-term rating on its series 2008C-3B bonds
The outlook is stable, reflecting S&P’s view of AHCN’s continued market leadership, extensive physician network and solid financial profile.
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