Moody's Investors Service assigned an "A1" rating to Mountain View, Calif.-based El Camino Hospital's proposed $266 million of series 2016 fixed rate revenue bonds.
The rating assignment is based on a number of factors, including ECH's favorable balance sheet, solid operating performance and status as a large provider in Silicon Valley.
The outlook is stable, reflecting Moody's Investors Service's expectation that ECH will continue to achieve favorable operating measures.