Last week Moody’s Investors Service released a report affirming Baxter Health’s outlook increasing from negative to stable. The Baa3 rating received, shows an improving balance sheet with limited debt and increasing cash and investments.
Baxter Health’s President and CEO Ron Peterson spoke with KTLO, Classic Hits and the Boot News about what the Moody report is and how this effects the hospital.
Listen:
When compared to other hospital’s the same size, Peterson states Baxter Health is moving a positive way compared to others in the nation.
Listen:
Moody’s Investors Service is a global provider of credit ratings, research and risk analysis. Peterson describes it similar to a getting a mortgage on a home.
Listen:
WebReadyTM Powered by WireReady® NSI