Moody's assigns 'A2' rating to West Virginia United Health System's bonds

Moody's Investors Service has assigned an "A2" rating to Morgantown-based West Virginia United Health System's proposed series 2016A bonds to be issued through the West Virginia Hospital Finance Authority.

Moody's also affirmed the "A2" rating on WVUHS' outstanding bonds.

WVUHS' hospitals and clinical operations now operate under the name WVUMedicine.

The rating assignment and affirmation are based on a number of factors, including WVUHS' strengthened market position, manageable capital spending plans and position as the largest system in the state.

The outlook is stable, reflecting Moody's Investors Service's expectation that liquidity and margins will stay strong.

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