Rating Outlook On Valley View Hospital Assn., CO's Debt Revised To Positive On Strong Operating Trends - S&P Global Ratings’ Credit Research

Rating Outlook On Valley View Hospital Assn., CO's Debt Revised To Positive On Strong Operating Trends

Rating Outlook On Valley View Hospital Assn., CO's Debt Revised To Positive On Strong Operating Trends - S&P Global Ratings’ Credit Research
Rating Outlook On Valley View Hospital Assn., CO's Debt Revised To Positive On Strong Operating Trends
Published Apr 02, 2009
Published Apr 02, 2009
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Abstract:

NEW YORK (Standard&Poor's) April 2, 2009--Standard&Poor's Ratings Services revised its rating outlook to positive from stable on Garfield County, Colo. and Colorado Health Facilities Authority's bonds, issued for the Valley View Hospital Assn. (VVHA). At the same time, we affirmed our 'BBB' long-term rating and underlying rating on revenue bonds issued for VVHA. The outlook revision reflects very strong operating income, good demographic trends, a very attractive facility, and bond proceeds available from a 2007 bond issue to complete remaining nonroutine capital needs. Should these trends continue over the next one to two years, the rating could improve. The 'BBB' rating reflects seven years of robust operating, excess, and EBIDA margins; solid maximum annual debt service

  
Report Type:

Ratings Action

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Global Issuers, Public Finance, Structured Finance
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Region
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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.

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MLA:
S&P Global Ratings’ Credit Research. "Rating Outlook On Valley View Hospital Assn., CO's Debt Revised To Positive On Strong Operating Trends" Apr 02, 2009. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Rating-Outlook-On-Valley-View-Hospital-Assn-CO-s-Debt-Revised-To-Positive-On-Strong-Operating-Trends-713452>
  
APA:
S&P Global Ratings’ Credit Research. (). Rating Outlook On Valley View Hospital Assn., CO's Debt Revised To Positive On Strong Operating Trends Apr 02, 2009. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Rating-Outlook-On-Valley-View-Hospital-Assn-CO-s-Debt-Revised-To-Positive-On-Strong-Operating-Trends-713452>
  
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