Moody's Investors Service has assigned an "A3" rating to Pueblo, Colo.-based Parkview Medical Center's proposed series 2016 fixed rate revenue bonds to be issued by the Colorado Health Facilities Authority.
The rating affirmation is based on a number of factors, including Parkview's strong balance sheet, strengthening market position and conservative asset liability management policies.
Parkview also faces several challenges, including competition in its market and a challenging payer mix.
The outlook is stable, reflecting Moody's Investors Service's belief that Parkview will continue to hold its market position and maintain its current levels of profitability.