Moody's Investors Service has affirmed the "A1" long-term rating assigned to $63.3 million of Huntsville (Ala.) Health Care Authority's direct debt.
The Authority owns, operates and manages six hospitals, including 881-bed Huntsville Hospital and 60-bed Madison (Ala.) Hospital.
The rating affirmation was supported by a number of factors, including the Authority's leading market share and good cash flow generation.
The Authority also faces some challenges, such as managing strategic expansion.
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