Moody's affirms Hendrick Medical Center's 'A2' rating

Moody's Investor's Service has affirmed Abilene, Texas-based Hendrick Medical Center's "A2" rating, affecting $124.5 million of rated debt.

The rating affirmation is based on several factors, including Hendrick's health operating performance and balance sheet, despite a period of time being out-of-network with a major payer.

The outlook is stable, reflecting Moody's expectation that HMC will generate improved operating performance.

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