Moody's Investors Service has affirmed the "A3" rating assigned to Pittsfield, Mass.-based Berkshire Health Systems' bonds, which affects approximately $106 million of debt.
The rating affirmation was attributable to a number of factors, including Berkshire's good operating performance and its dominant market share. Berkshire is the only inpatient services provider in its service area.
The system also faces some challenges, which were considered for the rating affirmation, such as operating in a challenging service area with 18 percent of its gross revenue for fiscal year 2014 coming from Medicaid.
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