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

Standard & Poors, April 2011

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 has assigned its 'A' long-term rating to North Carolina Medical Care Commission's $39.44 million series 2011 fixed-rate bonds, issued on behalf of Cleveland County HealthCare System (CCHS). The outlook is stable. In addition, Standard & Poor's affirmed its 'A' long-term and underlying rating (SPUR) on CCHS's $38.6 million series 2004A revenue bonds. Total pro forma long-term debt as of fiscal year-end Dec. 31, 2010, is approximately $74.4 million. All figures cited for 2010 in this analysis are based on draft unaudited financial statements. The rating reflects our assessment of the system's strong management through a long-term contract with Charlotte-Mecklenburg Hospital Authority (AA-), which does business as Carolinas HealthCare System (CHS); a favorable business position as...

Companies mentioned in this report are: Cleveland Cnty HealthCare Sys,North Carolina Med Care Comm
Action: Affirmed
Action: New Rating
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)
• China Aged Care Service Industry Report, 2011-2012
• China Aged Care Service Industry Report, 2011-2012
• African Infrastructure Tracker: South Africa's Social Infrastructure
• 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)
• Opportunity areas in secondary healthcare in England: Hospital, mental health and ambulance plans for investment in 2012 and beyond
• Structure of UK healthcare services
• Australia - E-Health, E-Education, E-Government
• Opportunity areas in primary healthcare in England: Primary care trust and clinical commissioning group plans for investment in 2012 and beyond