Moody's Investors Service has affirmed the "A2" rating on Hays (Kan.) Medical Center's $42.2 million of outstanding rated debt.
The rating affirmation is based on a number of factors, including HMC's leading market position, history of solid operating performance and strong liquidity and debt coverage ratios.
HMC also faces several challenges, including its flat revenue growth and small operating size.
The outlook is stable, reflecting Moody's Investors Service's expectation that HMC will continue to generate strong financial performance as management focuses on continued operational improvements.