Moody's Investors Service has affirmed Philadelphia-based Temple University Health System's "Ba2" bond rating, which affects approximately $525 million of rated debt.
The health system has a number of strengths, which were considered for the rating affirmation, such as its position as the academic medical center for
Temple University Health System also faces some challenges, such as a multi-year trend of operating losses. The system reported a $16.4 million operating loss for fiscal year 2014 and a $27 million operating loss in FY 2013.
More articles on hospital credit ratings:
6 recent hospital rating and outlook changes, affirmations
Moody's assigns 'Baa2' rating to Cooper Health System's bonds
Fitch upgrades South Nassau Communities Hospital's rating to 'A-'