Concurrently, Fitch assigned CoxHealth an issuer default rating of “A.”
The affirmation and assignment are based on several factors, including the health system’s strong market position, consistent profitability and flexible capital needs.
The outlook is stable.
More articles on healthcare finance:
Fewer medical mistakes saved hospitals $2.9B from 2014 to 2016
$28k: The average price healthcare will cost a family of 4 in 2018
9 latest hospital credit downgrades