The affirmation is a result of several positive and negative factors, including the medical center’s strong reliance on government payers, competitive service area, heavy debt burden and improved liquidity metrics.
The outlook is stable.
More articles on healthcare finance:
How a critical access hospital bounced back from the brink of bankruptcy: 5 questions with Carthage Area Hospital CFO Rob Bloom
Cheyenne Regional Medical Center no longer at risk of losing CMS contract
6 recent donations, grants to healthcare organizations
Next Up in Financial Management
-
Durham, N.C.-based Duke Health and the A.J. Fletcher Foundation are investing $1.65 million in Durham’s Flexible Housing Assistance Fund, which…
-
Voters across seven states weighed in on 10 healthcare-related ballot measures in the midterm elections, with proposals spanning abortion rights,…
-
Cleveland Clinic has a clear financial mandate: Generate a minimum 10% cash flow margin and 5% operating margin, year after…
Join the 500,000+ healthcare executives who start their day with Becker's
Becker's Hospital Review Newsletter is sent Monday–Sunday.
