Rating On Huron Regional Medical Center, SD's Debt Raised To 'A-' - S&P Global Ratings’ Credit Research

Rating On Huron Regional Medical Center, SD's Debt Raised To 'A-'

Rating On Huron Regional Medical Center, SD's Debt Raised To 'A-' - S&P Global Ratings’ Credit Research
Rating On Huron Regional Medical Center, SD's Debt Raised To 'A-'
Published Mar 21, 2008
783 words — Published Mar 21, 2008
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

SAN FRANCISCO (Standard&Poor's) March 21, 2008--Standard&Poor's Ratings Services raised its long-term rating to 'A-' from 'BBB+' on South Dakota Health and Educational Facilities Authority's $3.5 million series 1994 bonds and $4.4 million series 2005 bonds, issued for Huron Regional Medical Center Inc. Although it is unusual to have a critical-care-access hospital included in the 'A' category, Huron's consistent operating performance, sizable investment income, and overwhelmingly strong balance sheet support the 'A-' rating. The outlook is stable. "The rating is based on Huron's continued operating income strength, which generated excellent debt service coverage," said Standard&Poor's credit analyst Keith Dickinson. "Huron also reports above-average days' cash on hand of 551 days and cash to debt of

  
Brief Excerpt:

RESEARCH Rating On Huron Regional Medical Center, ##'s Debt Raised To 'A-' Publication date: 21-Mar-2008 Primary Credit Analyst: Keith I Dickinson, San Francisco (1) 415-371-5036; keith_dickinson@standardandpoors.com Secondary Credit...

  
Report Type:

Ratings Action

Issuer
Sector
Global Issuers, Public Finance
Country
Region
Format:
HTML HTML
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Rating On Huron Regional Medical Center, SD's Debt Raised To 'A-'" Mar 21, 2008. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Rating-On-Huron-Regional-Medical-Center-SD-s-Debt-Raised-To-A-637976>
  
APA:
S&P Global Ratings’ Credit Research. (). Rating On Huron Regional Medical Center, SD's Debt Raised To 'A-' Mar 21, 2008. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Rating-On-Huron-Regional-Medical-Center-SD-s-Debt-Raised-To-A-637976>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.