MGH Receives A+ Bond Rating for Third Year

For the third year in a row Standard & Poor’s, the leading provider of financial market intelligence and the world’s foremost source of credit ratings, has again affirmed Marion Health’s A+ bond rating and stable outlook on its Series 2002 Bonds.

A Standard & Poor's rating reflects a borrower's capacity to meet its financial commitments on a timely basis.

The A+ rating reflects Marion Health’s . . .

• Market position as the sole community provider in the primary service area of Grant County,
• Strong balance sheet characteristics, and
• Improved operational performance during the first six months of fiscal 2011.

“Our bond rating indicates that our Hospital is strong financially and positioned well for the future,” states Paul Usher, President/CEO. “It also stresses the importance of our vision of building relationships and working together and continuing to make critical decisions that will enable us to maintain our A+ bond rating.”

The rating is a significant accomplishment for Marion Health because few independent, nonprofit healthcare organizations receive an A+ bond rating.