• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Charlotte Mecklenburg Hospital Authority, North Carolina; Health Care, System; Public Finance Structured, Liquidity Facility Mar 03 Product Image

Charlotte Mecklenburg Hospital Authority, North Carolina; Health Care, System; Public Finance Structured, Liquidity Facility Mar 03

  • Published: March 2003
  • Region: North Carolina
  • Standard & Poors

Abstract
The long-term rating on the Charlotte Mecklenburg Hospital Authority, N.C.'s bondsthe authority does business as the Carolinas HealthCare System (CHS)reflects: A leading business position as the largest of two systems that serve the Charlotte region, highlighted by a broad tertiary service mix, including strength in key specialties (such as cardiology, orthopedics, and neurosciences) and steadily improving market share; Sharply improved financial performance, despite weak non-operating income due to soft investment markets, combined with a conservative reserve policy; A sound balance sheetdemonstrated by light leverage, despite additional debt, and strong and growing liquiditythat, in Standard & Poor's analysis, fully factors in unrestricted reserves from two non-obligated foundations that are closely tied to but legally distinct from CHS; A strong relationship with...

Companies mentioned in this report are:
- Charlotte-Mecklenburg Hosp Auth

Action: New Rating

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured READ MORE >

- Charlotte-Mecklenburg Hosp Auth

Note: Product cover images may vary from those shown

RELATED PRODUCTS