Moody's affirms Genesis Health System's 'A1' rating

Moody's Investors Service affirmed the "A1" rating on Davenport, Iowa-based Genesis Health System's $174 million of rated revenue bonds.

The rating affirmation is based on a number of factors, including GHS' leading market share, solid liquidity position and healthy debt service coverage metrics.

The outlook is stable, reflecting Moody's Investors Service's expectation that GHS will maintain solid liquidity ratios and debt service coverage.

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