5 hospitals with strong finances

Here are five hospitals and health systems with strong operational metrics and solid financial positions based on recent reports from Moody’s Investors Service and Fitch Ratings.

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1. York, Pa.-based WellSpan Health has an “AA-” rating and stable outlook with Fitch, and an “Aa3” rating and stable outlook with Moody’s. The health system has a strong market position and a track record of solid financial performance.

2. Portland-based Oregon Health and Science University has an “Aa3” rating and stable outlook with Moody’s. The system has sustained strong operational performance and improved its balance sheet over time.

3. Cleveland Clinic has an “Aa2” rating and stable outlook with Moody’s. The system has a leading market position in northeastern Ohio and a strong national and international clinical reputation.

4. Arlington-based Virginia Hospital Center has an “AA-” rating and stable outlook with Fitch. The hospital has maintained strong profitability and stable volumes. It also has strong liquidity.

5. Springfield, Ill.-based Hospital Sisters Health System has an “AA-” rating and stable outlook with Fitch. The system has strong debt service coverage and a healthy liquidity position.

More articles on healthcare finance:

Cleveland Clinic’s Lakewood Hospital ceases inpatient services
California hospital relies on bankrupt district to make payroll
Mayo Clinic to close Wisconsin clinic

 

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