Summary: MidMichigan Health, Michigan; System - S&P Global Ratings’ Credit Research

Summary: MidMichigan Health, Michigan; System

Summary: MidMichigan Health, Michigan; System - S&P Global Ratings’ Credit Research
Summary: MidMichigan Health, Michigan; System
Published Nov 01, 2023
5 pages (1756 words) — Published Nov 01, 2023
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Abstract:

S&P Global Ratings long-term rating on MidMichigan Health's (d.b.a. MyMichigan Health) existing outstanding taxable and tax-exempt debt is 'A+'. The outlook is stable. A gross receivables pledge of the obligated group secures the bonds. The obligated group includes MyMichigan Health (the parent) and MyMichigan Medical Center Midland (the flagship). The 'A+' rating reflects our view of MyMichigan Health's (MyMichigan) strong enterprise profile with an overall market position we view as respectable characterized by sufficient service line diversity and continued progress toward fully integrating the newest acquisition of Medical Center Sault, which broadened the system's reach into the upper peninsula of Michigan. Amid a broadly stable senior management team, the transition to a new CEO and chief operating officer has been

  
Brief Excerpt:

...+ S&P Global Ratings long-term rating on MidMichigan Health's (d.b.a. MyMichigan Health) existing outstanding taxable and tax-exempt debt is 'A+'. + The outlook is stable....

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: MidMichigan Health, Michigan; System" Nov 01, 2023. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-MidMichigan-Health-Michigan-System-3082555>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: MidMichigan Health, Michigan; System Nov 01, 2023. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-MidMichigan-Health-Michigan-System-3082555>
  
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