Moody's Investors Service has affirmed the "A2" rating on Troy, Ohio-based Upper Valley Medical Center's series 2006 revenue bonds, affecting $43.6 million.
The rating affirmation reflects UVMC's strong liquidity ratios, track record of good operating margins and leading market share in MiamiCounty.
The outlook remains stable, reflecting Moody's expectation that UVMC will continue to generate adequate operating margins and sustain its strong balance sheet position.