Moody's affirms Conway Medical Center's 'A3' rating

Moody's Investors Service has affirmed the "A3" rating on Conway (S.C.) Medical Center's bonds.

The rating affirmation is based on a number of factors, including Conway Medical Center's strong financial performance, excellent balance sheet metrics and location in a growing market.

The medical center also faces several challenges, including a high degree of self-pay in its payer mix.

The outlook is stable, reflecting Moody's expectation that Conway will continue to generate strong operating margins and keep its capital spending within forecasted levels.

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