Moody's Investors Service has affirmed the 'A2' rating assigned to Beaver, Pa.-based Heritage Valley Health System's bonds, affecting $55.1 million of rated debt.
The rating affirmation is based on a number of factors, including HVHS' solid financial performance and its strong position in the competitive market of greater Pittsburgh.
The system also faces several challenges, including reduced inpatient volumes and a concentrated payer mix.
The outlook is stable, reflecting Moody's belief that HVHS' operating performance and balance sheet metrics will remain at current levels.