Summary: Intermountain Health Care, Utah; System - S&P Global Ratings’ Credit Research

Summary: Intermountain Health Care, Utah; System

Summary: Intermountain Health Care, Utah; System - S&P Global Ratings’ Credit Research
Summary: Intermountain Health Care, Utah; System
Published Jul 22, 2015
6 pages (2403 words) — Published Jul 22, 2015
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services affirmed its 'AA+' long-term ratings and its 'AA+/A-1+' and 'AA+/A-1' dual ratings on various issuers' revenue bonds, issued for IHC Health Services Inc., the obligated group of Intermountain Health Care Inc. (Intermountain). The outlook on all ratings is stable. The short-term ratings reflect our view of various standby bond purchase agreements or, in the case of the series 2003A-D and 2014B-C bonds, Intermountain's self-liquidity. Standard&Poor's monitors liquidity monthly to ensure it remains adequate to support these obligations, if needed. The 'AA+' ratings reflect our opinion of Intermountain's leading business position as an integrated delivery system with a large health plan and an extensive range of hospitals and ambulatory facilities serving economically robust Utah.

  
Brief Excerpt:

...Standard & Poor's Ratings Services affirmed its '##+' long-term ratings and its '##+/A-1+' and '##+/A-1' dual ratings on various issuers' revenue bonds, issued for IHC Health Services Inc., the obligated group of Intermountain Health Care Inc. (Intermountain). The outlook on all ratings is stable. The short-term ratings reflect our view of various standby bond purchase agreements or, in the case of the series 2003A-D and 2014B-C bonds, Intermountain's self-liquidity. Standard & Poor's monitors liquidity monthly to ensure it remains adequate to support these obligations, if needed. The '##+' ratings reflect our opinion of Intermountain's leading business position as an integrated delivery system with a large health plan and an extensive range of hospitals and ambulatory facilities serving economically robust Utah. The affirmation also reflects our view of Intermountain's consistently strong financial performance, considerable financial flexibility, and strong balance sheet featuring high...

  
Report Type:

Summary

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Global Issuers, Public Finance
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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. "Summary: Intermountain Health Care, Utah; System" Jul 22, 2015. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Intermountain-Health-Care-Utah-System-1422202>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Intermountain Health Care, Utah; System Jul 22, 2015. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Intermountain-Health-Care-Utah-System-1422202>
  
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