Moody's assigns 'A2' rating to St. Charles Health System's bonds

Moody's Investors Service has assigned an "A2" rating to Bend, Ore.-based St. Charles Health System's proposed series 2016A and 2016B fixed rate revenue bonds, which are expected to have a par value of up to $115 million.

The rating assignment is based on SCHS' generally solid operating performance, improved liquidity and commanding market position.

The outlook is stable, reflecting Moody's Investors Service's expectation that SCHS' balance sheet measures will remain stable and that its operating performance will grow stronger despite a modest dip related to an EMR installation.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars