Moody’s Investors Service division has recently given GHC Healthcare Services a Stable/B2 credit rating. The rationale behind the stable outlook stems from high financial leverage, a favorable secular demand, leading market position and more. Moody’s expectation is that CHG will de-leverage to below 6x over the next 12-18 months, which should lead to double digit revenue growth. CHG derives the majority of its revenues from locum tenens (temporary physician) staffing and additionally provides travel nurse, allied health, and permanent placement services.
This report contains detailed rating considerations, potential factors that could both increase and decrease the rating, and valuable charts. Moody’s Investors Service comprehensive report on CHG Healthcare Services contains 2,800 words and is valuable for everyone from the first time analyst to the industry expert.
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