Moody's Investors Service has affirmed the "MIG 2" rating assigned Maui (Hawaii) Regional Health System's revenue bond anticipation notes, which mature February 2015.
The rating affirmation affects $12.6 million of Maui Regional's outstanding revenue bond anticipation notes which are secured by the permanent financing proceeds received from the U.S. Department of Agriculture, Rural Department in the form of a USDA direct loan.
Any potential rating upgrade or downgrade is contingent upon the system's future financial position.
More articles on healthcare finance:
Moody's assigns 'Aa2' rating to Cincinnati Children's Hospital Medical Center's bonds
Moody's revises Albert Einstein Healthcare Network outlook to negative
Here's how hospitals throw away $15 million each year