Moody's Investors Service affirmed its "A2" rating on Bend, Ore.-based St. Charles Health System's revenue bonds, affecting $108 million of debt.
The affirmation is a result of several factors, including the health system's stable balance sheet metrics, dominant market position and favorable revenue growth. Moody's also acknowledged SCHS' unfavorable payer mix, weaker operating performance in fiscal year 2016 and the risks associated with an upcoming EHR installation.
The outlook is stable, reflecting Moody's expectation that the health system will maintain its stable balance sheet and improve its operating performance in fiscal year 2018.
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