FORT LEE, New Jersey,
June 23, 2017 /PRNewswire/ -- MMM
Holdings, Inc. ("MMM" or "the Company") is pleased to confirm today
that Moody's has affirmed the Company's credit ratings and upgraded
its outlook for MMM from "Stable" to "Positive" based upon the
Company's performance.
Douglas Malton, the Chief
Financial Officer of InnovaCare, Inc., the parent company of MMM
Holdings, said that "Moody's affirmation of the Company's credit
rating and its outlook upgrade validates the Company's solid growth
as well as its positive and sustained financial performance in the
Medicare Advantage business as well as its Government Health Plan
(Medicaid) business. It is a recognition to the Company's continued
ability to successfully manage the healthcare needs of our more
than 475,000 beneficiaries in Puerto
Rico."
To see Moody's press release:
http://mma.prnewswire.com/media/527310/Moodys_affirms_MMM_Holdings_LLC.pdf
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/moodys-affirms-mmm-holdingss-credit-and-upgrades-its-outlook-300479188.html
SOURCE MMM Holdings, Inc.