Moody's Investors Service has affirmed the "A1" rating on Appleton, Wis.-based ThedaCare's $239 million of outstanding rated debt.
The rating affirmation reflects ThedaCare's continued operating revenue growth, adequate balance sheet metrics and leading market share. ThedaCare also faces several challenges, including a competitive broader market.
The outlook is stable, acknowledging ThedaCare's sufficient liquidity position, continued revenue growth and solid market share.