Moody's affirms Baystate Medical Center's 'A2' rating

Moody's Investors Service has affirmed the "A2" rating on Springfield, Mass.-based Baystate Medical Center's $240 million of debt issued through the Massachusetts Development Finance Agency.

The rating affirmation is based on a number of factors, including Baystate's strong market share and position as a key teaching hospital and high-acuity services in western Massachusetts.

The outlook is stable, reflecting Moody's Investors Service's expectation that Baystate will improve its financial performance in fiscal year 2016.

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