Moody's Investors Service has assigned an "A1" rating to Baltimore-based LifeBridge Health's proposed $117.94 million of series 2016 revenue bonds.
Moody's also affirmed the "A1" rating assigned to LifeBridge and Westminster, Md.-based Carroll Hospital Center's outstanding bonds.
The rating assignment and affirmation are based on a number of factors, including LifeBridge's strong local market position, sizable revenue base and consistently solid performance.
The outlook is stable, reflecting Moody's Investors Service's expectation that LifeBridge Health will continue to produce stable financial and balance sheet metrics.