Moody's Investors Service affirmed the "Baa2" rating on Shelbyville, Ind.-based Major Hospital's $53.5 million of series 2014A fixed rate revenue bonds.
The analysis accounts for Shelbyville-based Major Health Partners' financial position and that of its various affiliates, including the Major Hospital Foundation.
The rating affirmation is based on numerous factors, including MHP's leading market position, track record of solid operating performance and solid debt service coverage.
The outlook is stable, reflecting Moody's Investors Service's expectation that MHP will continue to generate adequate operating margins.