Moody's Investors Service has assigned a "Baa1" rating to Manchester, N.H.-based Elliot Hospital's series 2016 bonds, affecting approximately $143 million.
The rating assignment is based on a number of factors, including Elliot's leading market share, improved operating performance and improved liquidity.
The outlook is stable, reflecting Moody's Investors Service's expectation for continued solid operating performance and liquidity growth.