Moody's affirms Jupiter Medical Center's 'Baa2' rating

Moody's Investors Service has affirmed the "Baa2" rating on Jupiter (Fla.) Medical Center's series 2013A bonds, affecting $42.7 million of debt.

The rating affirmation is based on a number of factors, including Jupiter's strengthening financial performance and solid management team.

These strengths are offset by Jupiter's small size and the competitive market area in which it operates.

The outlook is stable, reflecting Moody's expectation that operating cash flow margins will be sustained and liquidity ratios will continue to build.

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