Industries Healthcare

Rating raised on Amerigroup’s senior debt

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Moody’s Investors Service has upgraded the rating on Amerigroup Corp.’s senior debt.

The Virginia Beach-based health-care services provider now has a rating of Ba2, up from the company’s previous rating of Ba3.

“It’s reflective of our ongoing commitment to maintain a strong financial profile and build further strength as we grow our business.” James Truess, Amerigroup executive vice president and CFO, said in a statement.

Amerigroup is a Fortune 500 company, ranking 385 on the magazine’s latest list.

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