Moody's Investors Service has affirmed the "A2" rating on Hattiesburg, Miss.-based Forrest County General Hospital's outstanding rated revenue bonds, affecting $108 million.
The rating affirmation is based on a number of factors, including FCGH's strong market position, strengthened balance sheet and operating cash flow growth.
The outlook is stable, reflecting Moody's Investors Service's expectation that FCGH will maintain a healthy balance sheet and continue to generate operating performance in line with its historical performance.