9 health systems with strong finances

Here are nine health systems with strong operational metrics and solid financial positions, according to recent reports from Moody's Investors Service, Fitch Ratings and S&P Global Ratings.

Note: This is not an exhaustive list. Health system names were compiled from recent credit rating reports and are listed in alphabetical order.

1. St. Louis-based BJC HealthCare has an "Aa2" rating and stable outlook with Moody's. BJC has solid cash levels and a prominent reputation as a leading academic medical center, according to Moody's.

2. St. Cloud, Minn.-based CentraCare has an "AA-" rating and stable outlook with Fitch. The health system has a leading market position, strong operating profitability and resilient net adjusted leverage metrics, according to Fitch.

3. Edison, N.J.-based Hackensack Meridian Health has an "AA-" rating and stable outlook with S&P and an "AA-" rating and stable outlook with Fitch. The health system has a solid financial profile and a strong presence in a large and demographically favorable market, according to Fitch.

4. Beaver, Pa.-based Heritage Valley Health System has an "AA-" rating and stable outlook with Fitch. The health system has solid operating performance, favorable liquidity metrics and a good market position, according to Fitch.

5. Indianapolis-based Indiana University Health has an "Aa2" rating and stable outlook with Moody's. The health system has strong operating performance, a healthy regional market position and liquidity growth, according to Moody's.

6. Scripps Health has an "Aa3" rating and stable outlook with Moody's. The San Diego-based health system has a healthy market position, strong brand recognition and a solid management team, according to Moody's.

7. Summit Health has an "AA-" rating and stable outlook with Fitch. The Chambersburg, Pa.-based health system has a leading market position, strong operating profitability and a favorable leverage position, according to Fitch.

8. Sacramento, Calif.-based Sutter Health has an "AA-" rating and stable outlook with S&P. The health system has a strong market share and conservative debt structure, and has successfully managed several capital projects over the past few years, according to S&P.

9. Yale New Haven (Conn.) Health System has an "AA-" rating and stable outlook with Fitch. The health system has solid liquidity growth and a healthy market share, according to Fitch.

More articles on healthcare finance:

Henry Ford's operating gains partially offset by Epic implementation costs, wage rate increases
Idaho hospital faces cash crunch after software glitch causes billing problems

New York oncology practice files for bankruptcy following FBI raid

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars