Reid Hospital and Health Care Services, IN's Bonds Rated 'AA-'; Outlook Stable - S&P Global Ratings’ Credit Research

Reid Hospital and Health Care Services, IN's Bonds Rated 'AA-'; Outlook Stable

Reid Hospital and Health Care Services, IN's Bonds Rated 'AA-'; Outlook Stable - S&P Global Ratings’ Credit Research
Reid Hospital and Health Care Services, IN's Bonds Rated 'AA-'; Outlook Stable
Published Apr 19, 2005
Published Apr 19, 2005
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Abstract:

CHICAGO (Standard&Poor's) April 19, 2005--Standard&Poor's Ratings Services said it assigned its 'AA-' long-term rating to the $87.5 million series 2005A weekly variable-rate demand obligation bonds and the $87.5 million series 2005 B and C seven-day auction-rate securities issued by the Hospital Authority of Richmond for Reid Hospital and Health Care Services (Reid), Ind. The outlook is stable. "The rating reflects Reid's strong regional business position as the only hospital in Wayne County, Ind., with more than an 80% market share in its primary service area and an increasing focus on tertiary services for the region, and very strong pro forma liquidity of $271 million," said Standard&Poor's credit analyst Suzie Desai. The rating also reflects

  
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MLA:
S&P Global Ratings’ Credit Research. "Reid Hospital and Health Care Services, IN's Bonds Rated 'AA-'; Outlook Stable" Apr 19, 2005. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Reid-Hospital-and-Health-Care-Services-IN-s-Bonds-Rated-AA-Outlook-Stable-435980>
  
APA:
S&P Global Ratings’ Credit Research. (). Reid Hospital and Health Care Services, IN's Bonds Rated 'AA-'; Outlook Stable Apr 19, 2005. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Reid-Hospital-and-Health-Care-Services-IN-s-Bonds-Rated-AA-Outlook-Stable-435980>
  
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