Moody's affirms Heritage Valley Health System's 'A2' rating

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.

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