Moody's affirms 'Baa3' rating for Adventist Healthcare

Moody's Investors Service has affirmed its "Baa3" rating for Gaithersburg, Md.-based Adventist Healthcare, affecting $327 million of debt.

The affirmation reflects Adventist's solid market position in a favorable service area and operating margins in fiscal year 2018 that are strong compared to other organizations with a "Baa3" ratings.

The rating outlook is stable.

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