Ballad Health Credit Rating

Moody’s Investors Service has announced it has upgraded the credit rating for Ballad Health to A3 from Baa1, the highest rating by Ballad Health or its predecessor organizations by Moody’s.This upgrade follows a recent report by Fitch Credit Ratings affirming Ballad Health’s “A” rating.“Ballad Health’s governance considerations continue to be favorable with a tenured management team,” Moody’s stated. “The board is reflective of the community and has diverse competencies.”Moody’s cited strong governance as a consideration under its Environmental, Social and Governance outline for consideration in credit ratings.