Summary: Richmond Hospital Authority, Indiana   Reid Hospital; Hospital - S&P Global Ratings’ Credit Research

Summary: Richmond Hospital Authority, Indiana Reid Hospital; Hospital

Summary: Richmond Hospital Authority, Indiana   Reid Hospital; Hospital - S&P Global Ratings’ Credit Research
Summary: Richmond Hospital Authority, Indiana Reid Hospital; Hospital
Published Feb 04, 2015
Published Feb 04, 2015
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Abstract:

Standard&Poor's Ratings Services assigned its 'A' long-term rating to the Richmond Hospital Authority, Ind.'s $85.385 million series 2015A fixed-rate bonds. In addition, Standard&Poor's affirmed its 'A' long-term rating on the authority's $94.155 million series 2009 fixed-rate bonds. All bonds were issued on behalf of Reid Hospital (Reid). The outlook is stable. We assessed Reid's enterprise profile as "adequate," characterized by a dominant market share in a small primary service area, and its financial profile as "strong" with very high reserves and improved operating performance. It is our opinion that these credit factors lead to an indicative rating of 'a-'. As our criteria indicate, the final rating can be within one notch of the indicative rating. In

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Richmond Hospital Authority, Indiana Reid Hospital; Hospital" Feb 04, 2015. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Richmond-Hospital-Authority-Indiana-Reid-Hospital-Hospital-1382360>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Richmond Hospital Authority, Indiana Reid Hospital; Hospital Feb 04, 2015. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Richmond-Hospital-Authority-Indiana-Reid-Hospital-Hospital-1382360>
  
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