Moody's affirms 'A1' rating for Beaumont Health

Moody's Investors Service affirmed its "A1" rating on Southfield, Mich.-based Beaumont Health's outstanding revenue bonds.

The affirmation reflects Beaumont's growing market position as the largest provider in southeast Michigan. Moody's expects the system will maintain strong margins and have a gradual growth of cash reserves.

The rating outlook is stable.

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