Fitch affirms ‘AA’ rating on Children’s Hospitals and Clinics of Minnesota

Fitch Ratings affirmed its “AA” rating on Minneapolis-based Children’s Hospitals and Clinics of Minnesota’s outstanding bonds. Concurrently, Fitch assigned its “AA” issuer default rating to the children’s hospital.

Advertisement

The assignment and affirmation are based on several factors, including the hospital’s strong operating margins, manageable capital spending needs, healthy capital-related ratios and its distinct leading market position.  

The outlook is stable.  

More articles on healthcare finance:
Hospital uncompensated care surges 14% to $1.1B in Wisconsin
Mayo Clinic gets $10M donation to support 5 initiatives
12 recent hospital, health system outlook and credit rating actions

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.