Moody's Investors Service has affirmed the "A3" rating assigned to Great Neck, N.Y.-based North Shore Long Island Jewish Health System's bonds.
The rating affirmation was supported by North Shore-LIJ's large market share, which has risen 2 percent over the last three years. The affirmation was also supported by the health system's diversity of cash flows among a variety of patient care sites.
North Shore-LIJ also faces some challenges, which were considered in the rating affirmation, such as introducing new long-term risks by running a health insurance plan.
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