Moody's assigns 'A2' rating to Robert Wood Johnson University Hospital's bonds

Moody's Investors Service has assigned an "A2" rating to New Brunswick, N.J.-based Robert Wood Johnson University Hospital's $86 million of series 2014A&B bonds.

The rating assignment was based on a number of factors, including RWJUH's strong balance sheet, multiple years of improving financial performance and market share position.

The hospital had a 3.2 percent operating margin and 8.8 percent operating cash flow margin in fiscal year 2013 due to revenue cycle improvements and supply chain savings. RWJUH has maintained its leading market share position in the primary service area, evidencing the demand for the hospital's services as the principal academic medical center of Rutgers Robert Wood Johnson Medical School in New Brunswick.

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