Fitch affirms ‘A-‘ rating on South Lake Hospital’s bonds

Fitch Ratings affirmed the “A-” rating on Clermont, Fla.-based South Lake Hospital’s $49.9 million of series 2009A hospital revenue bonds.

Advertisement

The ratings affirmation is based on a variety of factors, including the hospital’s manageable debt burden and consistent cash flow.

The outlook is stable.

More articles on healthcare finance:
Moody’s downgrades Gwinnett Medical Center’s rating to ‘A3’
Moody’s Investors Service affirms ‘A1’ rating on Self Regional Healthcare’s bonds
58 RCM service expansions so far in 2017

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.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.