Moody's Investors Service assigned an "A2" rating to Morgantown-based West Virginia University Medicine's proposed $180 million of series 2017A hospital revenue improvement bonds.
The ratings system also affirmed the "A2" rating on WVU Medicine's $468 million of outstanding bonds.
The rating affirmation and assignment are based on a number of factors, including WVU Medicine's status as the largest healthcare system in the state, formidable market position and sustained strong operating momentum.
The outlook is stable, reflecting Moody's Investors Service's expectation WVU Medicine will maintain an operating performance in line with recent levels, sufficient to slowly grow liquidity measures and cover near-term capital and strategic investment needs.
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