Moody's Investors Service has affirmed Hartford (Conn.) HealthCare's "A2" rating on approximately $740 million of outstanding debt.
The rating affirmation is based on a several factors, including HHC's growing market position and liquidity growth. Challenges include competition in the area, as well as balance sheet and operating leverage.
The outlook is stable, reflecting Moody's Investors Service's expectation that HHC will improve its operating cash flow and margins and maintain its liquidity.
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