Valley View Hospital, CO Revenue Bond Rating Outlook Revised To Positive On Healthy Margins And Reserves

Valley View Hospital, CO Revenue Bond Rating Outlook Revised To Positive On Healthy Margins And Reserves Primary Credit Analyst: Ashley Henry, Centennial, (1) 303-721-4563; Ashley.Henry@spglobal.com Secondary Contact: Wendy A Towber, Centennial, (1) 303-721-4230; wendy.towber@spglobal.com CENTENNIAL (S&P Global Ratings) June 20, 2019--S&P Global Ratings revised the outlook to positive from stable and affirmed its 'A-' long-term rating on the Colorado Health Facilities Authority's series 2018 refunding revenue bonds and 2015 and 2017 hospital revenue bonds. All bonds were issued for Valley View Hospital (VVH). "The outlook revision reflects our view of VVH's very healthy operating margins the past several fiscal years and commensurate growth in unrestricted reserves that provides adequate cushion against its relatively heavy debt load," said S&P Global Ratings

...June 20, 2019 Valley View Hospital, CO Revenue Bond Rating Outlook Revised To Positive On Healthy Margins And Reserves Primary Credit Analyst: Ashley Henry, Centennial, (1) 303-721-4563; Ashley.Henry@spglobal.com Secondary Contact: Wendy A Towber, Centennial, (1) 303-721-4230; wendy.towber@spglobal.com CENTENNIAL (S&P Global Ratings) June 20, 2019--S&P Global Ratings revised the outlook to positive from stable and affirmed its 'A-' long-term rating on the Colorado Health Facilities Authority's series 2018 refunding revenue bonds and 2015 and 2017 hospital revenue bonds. All bonds were issued for Valley View Hospital (VVH). "The outlook revision reflects our view of VVH's very healthy operating margins the past several fiscal years and commensurate growth in unrestricted reserves that provides adequate cushion against its relatively heavy debt load," said S&P Global Ratings credit analyst Ashley Henry....

Ratings Action