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A.M. Best Assigns Ratings to Baptist Healthcare System, Inc.'s Hospital Subsidiaries.

Publication: Insurance Weekly News
Publication Date: 26-JUN-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
A.M. Best Co. has assigned issuer credit ratings (ICR) of "aa-" to five of Baptist Healthcare System, Inc.'s (BHS) (Louisville, KY) cornerstone hospitals and also has affirmed an ICR of "aa-" for BHS.

Additionally, A.M. Best has affirmed the financial strength rating (FSR) of B++ (Good) and ICR of "bbb+" of BHS' insurance subsidiary, Bluegrass Family Health Inc. (Bluegrass) (Lexington, KY). The outlook for all ratings is stable. (See below for a detailed listing of the companies.)

BHS' ratings primarily are driven by a relatively strong...

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