Moody’s Investors Service has revised its outlook to stable from negative on the University of Iowa Hospitals & Clinics Aa2 rating due to the system’s improved operating performance.

The action affects $104 million of rated debt. Analysts said revised debt plans from a prior review also affected the outlook shift. The Iowa City-based system’s credit strengths include its affiliation with the Aa1-rated University of Iowa, a strong relationship with its medical school and faculty practice group, a solid clinical reputation, and unique market position as the only academic medical center in the state.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.