Moody's turns CHG outlook to stable

Moody's Investors Service said it affirmed the ratings, including the B2 ratings on the senior secured first-lien revolver and term loan, of CHG Healthcare Services, Inc. and changed the outlook to stable from negative.

“The outlook change to stable reflects the recovery in demand for locum tenens physician services in the second half of 2020 and continuing in early 2021. The stabilization of the outlook further reflects the company's profit margin recovery during the same period due to CHG's cost management initiatives,” the agency said in a press release.

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