Moody's Investors Service has assigned an "Aa3" rating to Stanford (Calif.) Health Care's proposed series 2015A revenue bonds, to be issued through the California Health Facilities Financing Committee.
The rating assignment was supported by a number of factors, including the system's strong and consistent financial performance and its excellent reputation and brand name that contribute to growing patient volumes.
Stanford Health Care's challenges were also considered for the rating assignment, including operating in a fluid market involving significant affiliation activity.
The system's outlook is stable.
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