Moody's Investors Service assigned an "A1" rating to West Des Moines, Iowa-based UnityPoint Health's proposed revenue bonds, affecting $929 million.
The rating reflects several strengths for UnityPoint Health, such as the system's size, market reach and sound liquidity. However, Moody's also acknowledged that the rating remains constrained by the system's management of transition risk, particularly in the Wisconsin market.
The rating outlook is stable.