Summary: North Carolina Medical Care Commission Cleveland County HealthCare System; Hospital

Standard & Poors, June 2006

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

Abstract
Standard & Poor's Ratings Services affirmed its 'A' underlying rating (SPUR) on North Carolina Medical Care Commission's $29.5 million series 2001 and $38.6 million series 2004A revenue bonds, issued for Cleveland County HealthCare System (CCHS), N.C. The rating reflects the system's strong management through a long-term contract with Charlotte-Mecklenburg Hospital Authority (AA), which does business as Carolinas HealthCare System, and a solid business position as the dominant provider in Cleveland County, N.C. Additional rating factors include the system's: Sound operating profitability, generating healthy debt service coverage; Volume growth; and Healthy balance sheet, characterized by ample liquidity and moderate leverage. The rating also reflects the relationship between CCHS and Cleveland County. Specifically, Cleveland County (rated 'A') leased county-owned facilities and equipment...

Companies mentioned in this report are: Cleveland Cnty HealthCare Sys,North Carolina Med Care Comm
Action: Affirmed
Action: Outlook: Stable

Cleveland Cnty HealthCare Sys,North Carolina Med Care Comm

Customers who bought this item also bought

• MEdSim Magazine: Advancing Patient Safety Through Education & Training (International)
• World Digital Economy - E-Government, E-Health and E-Education Transforming Services
• Guide to Physical Security Planning & Response (For Hospitals, Medical & Long Term Care Facilities. Includes comprehensive section on evacuation best practices)
• China Aged Care Service Industry Report, 2011-2012
• China Aged Care Service Industry Report, 2011-2012
• Opportunity areas in secondary healthcare in England: Hospital, mental health and ambulance plans for investment in 2012 and beyond
• Library Use of eBooks, 2013 Edition
• 2012 America's Neighborhoods-Zip Code 44130 for Cleveland, OH report
• African Infrastructure Tracker: South Africa's Social Infrastructure
• Structure of UK healthcare services