Moody's Investors Service has affirmed Mount Vernon, Wash.-based Skagit Regional Health's "Baa2" rating, affecting $109 million of debt.
The rating affirmation is based on a number of factors, including Skagit's solid financial performance and strong market share in its primary service area.
The outlook is stable, reflecting Moody's Investors Service's expectation that Skagit will continue to generate strong financial performance and grow absolute cash flows.