The affirmation and assignment are based on several factors, including the health system’s weak operating performance, modest liquidity profile, challenging service area and unfavorable payer mix. Fitch favorably viewed the health system’s manageable capital expenditure requirements.
The outlook is stable.
More articles on healthcare finance:
Patient leakage costs nearly half of healthcare organizations 10% of annual revenue, survey finds
Student resource website ranks top college programs for medical billing and coding
Frustrated by billing, patients are skipping routine healthcare
