Moody's Investors Service affirmed a "Baa1" rating on Clermont, Fla.-based South Lake County Hospital District, affecting $49.9 million of outstanding debt.
The affirmation is a result of several factors including the district's healthy operating performance, stable liquidity and reliable balance sheet metrics.
The outlook is positive, reflecting Moody's expectation that the district will retain stable operating performance and balance sheet metrics throughout its hospital's upcoming pricey renovations.
The district operates 140-bed South Lake Hospital in Clermont, Fla.