Moody's Investors Service has affirmed Kansas City, Mo.-based Saint Luke's Health System's "A1" rating, affecting approximately $361 million of rated bonds outstanding.
The rating affirmation was supported by SLHS's maintenance of stable and good operating margins, broad market reach throughout the Kansas City area and adequate debt ratios.
The health system also faces some challenges, such as liquidity ratios that continue to be somewhat modest at the "A1" rating level. SLHS also faces considerable competition in the market.
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