Moody's Investors Service affirmed St. Joseph, Mo.-based Mosaic Life Care's "A1" rating, affecting approximately $119 million of rated debt.
The ratings affirmation is based on a number of factors, including the health system's unrestricted liquidity, moderate debt position and long track record of consistent operating performance.
The outlook is stable, reflecting Moody's Investors Service's expectation the health system will sustain its operating performance and balance sheet and management will continue its focus on maintaining profitability and liquidity.
More articles on healthcare finance:
Fitch revises ratings watch on Tulare Regional Medical Center's 'BB-' rated bonds to negative
S&P lowers rating on Ryder Memorial Hospital's bonds to 'B+'
Moody's assigns 'Ba2' rating to Reliant Medical Group's bonds