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Ascension Health, Missouri; Health Care, CP; Health Care, Hospital; Health Care, System Jul 02
Standard & Poors, July 2002
Abstract
The 'AA' rating on the Indiana Health Facilities Finance Authority's securities, series 2002E; the Escambia County Health Facilities Authority's bonds, series 2002C; the Jacksonville Health Facilities Authority's bonds, series 2002A; the Michigan State Hospital Finance Authority's bonds, series 2002B; the Wisconsin Health and Educational Facilities Authority's securities, series 2002D; and the Indiana Health Facilities Finance Authority's bonds, series 2002F and series 2002G, issued for Ascension Health, Mo., reflects: The maintenance of a solid operating profile, highlighted by improved operations in each of the past two years and continued improvement for the nine-month-interim period ended March 31, 2002; The expectation that improved operations will continue through fiscal-year-end and beyond; Considerable geographic and financial dispersion among the system members, as Ascension Health...
Companies mentioned in this report are: Ascension Health Alliance,Indiana Hlth Fac Fin 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 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.
Research Type: Full Analysis
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