Fitch affirms Altru Health System’s ‘A-‘ rating

Fitch Ratings has affirmed the “A-” rating on Grand Forks, N.D.-based Altru Health System’s following bonds:

Advertisement

  • $110 million of series 2012 revenue bonds
  • $26 million of series 2007 revenue bonds
  • $30 million of series 2005 revenue bonds

The rating affirmation is based on a number of factors, including Altru’s leading market position, improved financial performance and manageable debt position.

The outlook is stable.

More articles on healthcare finance:
2 firms picked to help with possible new Nebraska hospital
Medicare might begin funding prevention services for prediabetes patients
Moody’s affirms Magnolia Regional Health Center’s ‘Baa2’ rating

Advertisement

Next Up in Financial Management

  • Healthcare leaders are often expected to compartmentalize emotion to make difficult decisions, drive results, and maintain operational focus. For many years, I led…

  • Chicago-based CommonSpirit recorded an operating income of $2 million (0% operating margin) in the second quarter of fiscal 2026, down…

  • Amy Assenmacher, RN, senior vice president of revenue cycle at Grand Rapids, Mich.-based Corewell Health, is confident that healthcare is…

Advertisement

Comments are closed.