Moody's Investors Service has affirmed the "Aa3" rating assigned to Wauwatosa, Wis.-based Children's Hospital and Health System's bonds, affecting approximately $264.4 million of debt.
The rating affirmation is based on a number of factors, including a strong market position, a modest debt load and an improving balance sheet profile.
The system also faces numerous challenges, including a high reliance on Medicaid.
The rating outlook remains stable, reflecting Moody's view that CHHS will continue to produce strong operating performance and build unrestricted investment balances.