S&P assigns 'BBB' rating to Redlands Community Hospital's bonds

S&P Global Ratings assigned a "BBB" long-term rating to Redlands (Calif.) Community Hospital's $91.3 million of series 2016 bonds.

"The rating affirmation reflects our assessment of RCH's financial profile as strong and its enterprise profile as adequate," said S&P analyst Martin Arrick.

The outlook is stable.

More articles on healthcare finance:
Erlanger holds down expenses in Q1, plans new cancer center
Moody's revises Tulare Local Healthcare District's outlook to stable
Moody's downgrades Terrebonne General Medical Center's rating to 'A3' 

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