Moody's Investors Service has affirmed the "A2" rating on Morgantown-based West Virginia United Health System's bonds issued through the West Virginia Hospital Finance Authority, affecting $480 million.
The hospital and clinical operations of WVUHS now operate under the brand of WVUMedicine.
The rating affirmation is based on several factors, including WVUHS' position as the largest system in the state and its strengthening market position. The system also faces numerous challenges, including higher than average balance sheet and operating leverage.
The rating outlook is stable, reflecting Moody's expectation that with WVUHS' sizable network, leading market presence and performance improvement strategies, current operating cash flow generation will be sustained.
More hospital outlook and credit rating actions:
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