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.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars