The revolving line of credit was opened Feb. 10 with BMO Harris Bank and detailed in a filing Feb. 24.
Marshfield, which has signed a memorandum of understanding to potentially merge with Duluth, Minn.-based Essentia Health, saw its rating downgraded by Fitch to “BBB+” from “A-” as a result of operational challenges from labor pressure and disruption linked to the implementation of a new IT system.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
