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

Summary: Riverton, Utah Intermountain Health Care; System

Summary: Riverton, Utah   Intermountain Health Care; System - S&P Global Ratings’ Credit Research
Summary: Riverton, Utah Intermountain Health Care; System
Published Oct 14, 2009
2461 words — Published Oct 14, 2009
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Abstract:

Standard&Poor's Ratings Services assigned its 'AA+' long-term rating to Riverton, Utah's $250 million hospital revenue bonds series 2009, issued for IHC Health Services, Inc., the obligated group of Intermountain Health Care (Intermountain). We also affirmed our 'AA+' unenhanced ratings, 'AA+' underlying ratings (SPUR), and 'AA+/A-1+' dual ratings on various issuers' revenue bonds, issued for Intermountain, which is the state's largest integrated delivery system. The outlook is stable. The 'AA+' ratings reflect Intermountain's strong business position in the economically robust state of Utah, consistently strong financial performance (see table 1), considerable financial flexibility especially in its rates, and a balance sheet that is sound but not stellar for the rating. Intermountain has performed extraordinarily well on operations this year

  
Brief Excerpt:

RESEARCH Summary: Riverton, Utah Intermountain Health Care; System Publication date: 14-Oct-2009 Primary Credit Analyst: Liz Sweeney, New York (1) 212-438-2102; liz_sweeney@standardandpoors.com Secondary Credit Analyst: Martin D Arrick,...

  
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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: Riverton, Utah Intermountain Health Care; System" Oct 14, 2009. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Riverton-Utah-Intermountain-Health-Care-System-751710>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Riverton, Utah Intermountain Health Care; System Oct 14, 2009. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Riverton-Utah-Intermountain-Health-Care-System-751710>
  
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