Standard & Poor’s said it would maintain its A rating and stable outlook on Fargo-based MeritCare Health System after it was forced to evacuate all patients and workers from one of its hospitals due to rising floodwaters in the Red River.

On March 26 the threat of flooding prompted the evacuation of MeritCare Hospital, one of several facilities owned and operated by the health care system. None of MeritCare’s buildings, including the hospital, ended up being damaged by the waters, according to Standard & Poor’s analysts. The hospital had returned to full operations as of early April.

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.