Moody's assigns 'A1' rating to Arkansas Children's Hospital's bonds

Moody's Investors Service has assigned an "A1" rating to Little Rock-based Arkansas Children's Hospital's proposed $88 million of series 2016 fixed rate hospital revenue refunding bonds.

The rating assignment is based on a number of factors, including the hospital's strong debt service coverage metrics, solid liquidity and leading market position as the only children's hospital in Arkansas.

ACH also faces several challenges, including potential delays and the high cost of its EMR implementation.

The outlook is stable, reflecting Moody's Investors Service's expectation that ACH will maintain adequate operating margins.

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