Moody's Investors Service has affirmed the "Baa2" underlying bond rating on Monongahela (Pa.) Valley Hospital's series 2011A and 2011B variable rate demand bonds, affecting $24 million of debt.
The rating affirmation is based on a number of factors, including the hospital's adequate liquidity.
The outlook has been revised to negative from stable, reflecting the hospital's continued operating losses and weak operating cash flow margins.
More hospital outlook and credit rating actions:
Moody's downgrades Fremont-Rideout Health Group's rating to 'Baa2'
Moody's revises Charleston Area Medical Center's outlook to negative
Moody's affirms Children's Hospital of The King's Daughters' 'A2' rating