Moody's affirms The Health Care Authority for Baptist Health's 'A3' rating

Moody's Investors Service affirmed the "A3" rating on Montgomery, Ala.-based The Health Care Authority for Baptist Health's $300 million of outstanding rated bonds.

The rating affirmation is based on a number of factors, including the system's solid market position.

The outlook is stable, reflecting Moody's Investors Service's expectation that the system will be able to maintain adequate operating performance.

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