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Catholic Health East, PA Debt Rating Outlook Revised To Stable; 'A' Ratings Affirmed May 11 Product Image

Catholic Health East, PA Debt Rating Outlook Revised To Stable; 'A' Ratings Affirmed May 11

  • ID: 1795360
  • May 2011
  • Standard & Poors

FEATURED COMPANIES

  • Delaware Cnty Auth
  • Delaware Hlth Fac Auth
  • Fulton Cnty Dev Auth
  • Miami
  • St. Mary Hosp Auth
  • Tampa
  • MORE

Abstract
NEW YORK (Standard & Poor's) May 20, 2011--Standard & Poor's Ratings Services has revised the outlook on its rating on debt issued for Catholic Health East (CHE), Pa. by various issuers in seven states to stable from negative. At the same time, Standard & Poor's affirmed its 'A' long-term rating and underlying rating (SPUR) on CHE's debt. The outlook revision reflects Standard & Poor's opinion that the credit has stabilized at the current rating level as management has addressed operations in three challenged markets identified last year and also enhanced operating flexibility by increasing unrestricted cash and investments. "The stable outlook reflects our opinion that CHE's management team and board are increasingly committed to improved financial performance as demonstrated by...

Companies mentioned in this report are:
- Connecticut Hlth & Educl Facs Auth
- Massachusetts Development Finance Agency
- Delaware Hlth Fac Auth
- Miami
- North Carolina Med Care Comm
- St. Mary Hosp Auth
- Delaware Cnty Auth
- Tampa
- New Jersey Hlth Care Facs Fincg Auth
- Montgomery Cnty Hgr Ed & Hlth Auth
- Athens Clarke Cnty READ MORE >

- Connecticut Hlth & Educl Facs Auth
- Massachusetts Development Finance Agency
- Delaware Hlth Fac Auth
- Miami
- North Carolina Med Care Comm
- St. Mary Hosp Auth
- Delaware Cnty Auth
- Tampa
- New Jersey Hlth Care Facs Fincg Auth
- Montgomery Cnty Hgr Ed & Hlth Auth
- Athens Clarke Cnty Unif Govt
- Fulton Cnty Dev Auth

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