Moody's Investors Service affirmed the "A2" rating on Minneapolis-based Fairview Health Services' $863 million of fixed rate and variable rate bonds.
The rating affirmation is based on a number of factors, including Fairview's favorable market position in the Twin Cities, strong financial management and continued improvement in balance sheet metrics.
The outlook is stable, reflecting Moody's Investors Service's expectations that Fairview will maintain its solid operating performance and continue to grow balance sheet reserves.
More articles on healthcare finance:
S&P revises Rochester General Hospital's outlook to stable
Moody's rates CHI-Dignity Health affiliation proposal as credit positive
4 things to know about the pharmacy billing software market