Moody's Investors Service affirmed the "A2" rating on Springfield, Mass.-based Baystate Medical Center's $240 million of debt issued through the Massachusetts Development Finance Agency.
The affirmation is a result of several factors, including Baystate's strong market position and a health plan that has rebounded from operating losses.
The outlook is stable, reflecting Moody's expectation that the hospital will improve cash flow margins to retain strong balance sheet metrics.
More articles on healthcare finance:
Vendors threaten to cut off Illinois critical access hospital as budget impasse continues
6 largest gifts from individuals to healthcare organizations in 2017
12 recent hospital, health system outlook and credit rating actions