SCH’s continued strong financial performance and market share growth contributed to the revision of its outlook from stable to positive. The hospital’s inpatient market share has grown in each of its six defined regions in southwestern Pennsylvania.
SCH’s low debt burden contributed to its rating. The hospital has a maximum annual debt service of $4.1 million, which represents 1.5 percent of the hospital’s total revenue for the 11 months that ended May 31.
More Articles on Hospital Credit Ratings:
Moody’s Downgrades UMCC’s Rating to ‘Baa2’, Outlook Negative
9 Hospitals Receive Credit Downgrades in Past Month
Moody’s Affirms Atlantic Health System’s ‘A1’ Rating, Outlook Stable
