The affirmation is a result of several factors, including the hospital system’s strong market position, good liquidity metrics and potential merger with Atlanta-based Northside Hospital. Fitch also acknowledged Gwinnett Hospital System’s weaker profit margins and light debt coverage in fiscal year 2017.
The outlook is stable.
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California hospital’s reporting errors cause Medicare to overpay 173 other facilities
Sen. Grassley: Tax-exempt hospitals shouldn’t need ‘herculean oversight’ to meet charitable obligations
CHI’s operating loss swells to $585.2M in FY 2017
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