Summary: South Dakota Health and Educational Facilities Authority   Huron Regional Medical Center Inc.; Hospital - S&P Global Ratings’ Credit Research

Summary: South Dakota Health and Educational Facilities Authority Huron Regional Medical Center Inc.; Hospital

Summary: South Dakota Health and Educational Facilities Authority   Huron Regional Medical Center Inc.; Hospital - S&P Global Ratings’ Credit Research
Summary: South Dakota Health and Educational Facilities Authority Huron Regional Medical Center Inc.; Hospital
Published Nov 28, 2006
675 words — Published Nov 28, 2006
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Abstract:

Standard&Poor's Ratings Services affirmed its 'BBB+' rating for South Dakota Health and Educational Facilities Authority's $3.5 million series 1994 bonds and $4.8 million series 2005 bonds, issued for Huron Regional Medical Center Inc. The 'BBB+' rating reflects Huron's sound business position as a critical access provider and solid operating performance. Additional rating factors include: Market share of 60% within the primary service area; Continued operating income strength, generating excellent debt service coverage of 6.2x through the first quarter of fiscal 2007 ended Sept. 30, 2006; and Maintenance of overall balance sheet strength. Credit concerns remain regarding: Continued volume declines, which had been expected to improve during fiscal 2006 and are now showing signs of improvement during the first

  
Brief Excerpt:

RESEARCH Summary: South Dakota Health and Educational Facilities Authority Huron Regional Medical Center Inc.; Hospital Publication date: 28-Nov-2006 Credit Profile AFFIRMED South Dakota Hlth & Ed Fac Auth, South Dakota $8.270 mil. South...

  
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Summary

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: South Dakota Health and Educational Facilities Authority Huron Regional Medical Center Inc.; Hospital" Nov 28, 2006. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-South-Dakota-Health-and-Educational-Facilities-Authority-Huron-Regional-Medical-Center-Inc-Hospital-547910>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: South Dakota Health and Educational Facilities Authority Huron Regional Medical Center Inc.; Hospital Nov 28, 2006. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-South-Dakota-Health-and-Educational-Facilities-Authority-Huron-Regional-Medical-Center-Inc-Hospital-547910>
  
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