Moody's Affirms University of Iowa Hospitals & Clinics' 'Aa2' Rating, Outlook Stable

Moody's Investors Service has affirmed the "Aa2" ratings on approximately $330 million of revenue bonds issued to University of Iowa Hospitals & Clinics in Iowa City.

UIHC's rating was based on a number of factors, such as its strong local service area market share. As the only academic medical center in Iowa, UIHC has a unique and strong market share. Other strengths that affected UIHC's rating include good liquidity ratios and improved operating margins in interim fiscal year 2014.

UIHC's stable outlook reflects the expectation that it will sustain good debt coverage, good liquidity ratios and an adequate operating cash flow margin.

More Articles on Hospital Credit Ratings:

Moody's Revises Sutter Health's Outlook to Negative 
Fitch Downgrades Mississippi Baptist Health System 
Fitch Affirms Abington Health's Rating, Outlook Stable 

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