Moody’s affirms Mercy’s A2-level credit rating with stable outlook
Moody’s Investors Service has assigned and affirmed a strong “A2” credit rating, with a stable outlook, to Mercy Medical Center. The credit analysis factors the financial performance of Mercycare Service Corporation and related organizations such as Mercy Care Management, Inc., physician practices, and the Mercy Medical Center Foundation.
This positive credit rating reflects Mercy’s strong financial performance for fiscal year 2015, as well as the hospital’s success in consistently meeting or surpassing budget targets identified through a multi-year strategic plan.
Earlier this year, Standard & Poor’s Rating Services affirmed and assigned Mercy an “A” credit rating with stable outlook.