S&P Global Ratings assigned its "AA-" long-term rating to Charlotte, N.C.-based Atrium Health's series 2018A-E bonds. Concurrently, S&P affirmed its "AA-" underlying rating on the health system's existing bonds.
The assignment and affirmation are based on several factors, including Atrium Health's strong operating profile, sustained volume growth, favorable payer mix, wide geographic reach and healthy financial performance.
The outlook is stable, reflecting the health system's robust enterprise and financial profiles.