Summary: Maryland Health&Higher Education Facilities Authority   University Of Maryland Medical System; Joint Criteria; System - S&P Global Ratings’ Credit Research

Summary: Maryland Health&Higher Education Facilities Authority University Of Maryland Medical System; Joint Criteria; System

Summary: Maryland Health&Higher Education Facilities Authority   University Of Maryland Medical System; Joint Criteria; System - S&P Global Ratings’ Credit Research
Summary: Maryland Health&Higher Education Facilities Authority University Of Maryland Medical System; Joint Criteria; System
Published May 19, 2023
6 pages (2297 words) — Published May 19, 2023
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Abstract:

S&P Global Ratings' long-term rating on various health care revenue bonds outstanding issued on behalf of University of Maryland Medical System (UMMS) is 'A'. S&P Global Ratings long-term rating on Maryland Health&Higher Education Facilities Authority's (MHHEFA) series 2008D variable-rate revenue bonds is 'AA+/A-1+', which reflects the application of our low-correlation joint criteria. The outlook is stable. A revenue pledge of the obligated group secures the bonds. The obligated group includes all of UMMS' wholly owned acute-care hospitals. Nonobligated members include its owned physician practices; and a joint venture, Mt. Washington Pediatric Hospital, which UMMS owns jointly with Johns Hopkins Health System, among other subsidiaries. The rating on the series 2008D bonds reflects the application of our low-correlation joint

  
Brief Excerpt:

...+ S&P Global Ratings' long-term rating on various health care revenue bonds outstanding issued on behalf of University of Maryland Medical System (UMMS) is 'A'. + S&P Global Ratings long-term rating on Maryland Health & Higher Education Facilities Authority's (MHHEFA) series 2008D variable-rate revenue bonds is '##+/A-1+', which reflects the application of our low-correlation joint criteria. + The outlook is stable....

  
Report Type:

Summary

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Maryland Health&Higher Education Facilities Authority University Of Maryland Medical System; Joint Criteria; System" May 19, 2023. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Maryland-Health-Higher-Education-Facilities-Authority-University-Of-Maryland-Medical-System-Joint-Criteria-System-2989678>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Maryland Health&Higher Education Facilities Authority University Of Maryland Medical System; Joint Criteria; System May 19, 2023. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Maryland-Health-Higher-Education-Facilities-Authority-University-Of-Maryland-Medical-System-Joint-Criteria-System-2989678>
  
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