Moody’s revises HealthPort view to negative

Moody's Investors Service said it affirmed CT Technologies Intermediate Holdings, Inc.'s (dba HealthPort) corporate family rating at B2, probability of default rating at B2-PD, senior secured first-lien ratings at B1 and senior secured second-lien rating at Caa1.

The outlook was revised to negative from stable.

Moody’s said the negative outlook reflects its concern that if revenue growth is less than anticipated, HealthPort's financial leverage could remain elevated, free cash flow could remain diminished and liquidity could deteriorate.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.