Moody's affirms Good Samaritan Hospital's bond rating

Moody's Investors Service has affirmed the "B1" bond rating assigned to the series 1991 fixed rate revenue bonds issued on behalf of Good Samaritan Hospital — a nonprofit, community hospital providing tertiary services located in downtown Los Angeles.

The rating affirmation was supported by a number of factors, including the hospital's adequate liquidity.

Good Samaritan Hospital also faces a number of challenges, which were considered for the rating affirmation, such as experiencing poor operating performance and having a poor payer mix.

The hospital's outlook is stable.

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