- Language: English
- 353 Pages
- Published: January 2012
- Region: Global
Summary: Massachusetts Hlth & Ed Fac Auth; Revenue - Health Care, Hospital; Revenue - Health Care, System; Revenue - Transportation, CP Apr 99
- Published: April 1999
- Region: Massachusetts
- Standard & Poors
The rating on bonds issued by the Massachusetts Health and Educational Facilities Authority on behalf of Partners HealthCare System reflects: A strong business position as the clear market leader in the competitive eastern Massachusetts market combined with growing business volumes, A strong balance sheet characterized by ample liquidity and moderate leverage, A well developed physician network, Substantial research volume, and Adequate historical profitability. Also factored into the rating is the incorporation of Newton-Wellesley Hospital and affiliates (NW)a well positioned but recently troubled suburban providerand Faulkner Hospital and its affiliates, into Partners. Also factored into the rating are continued losses at physician corporations, and the significant investment of money especially from Partners' two foundersMassachusetts General Hospital (MGH) and Brigham and Women's...
Companies mentioned in this report are:
Action: New Rating
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. SHOW LESS READ MORE >