The affirmation reflects Wise Health System’s weaker liquidity and operations due to a decrease in surgery volumes and an increase in staffing expenses.
The rating outlook has been revised from stable to negative.
More articles on healthcare finance:
Trump’s 2020 budget: 5 must-read stories for healthcare leaders
Shuttered California hospital to reopen after city OKs operating agreement
CEO Peter Banko on Centura Health’s plan to double revenue by 2025
Next Up in Financial Management
-
Sioux Falls, S.D.-based Sanford Health recorded an operating income of $210.9 million (1.8% operating margin) in 2025, down from an…
-
Daniel Pickett III is about 60 days into his role as president and CEO of Albany (N.Y.) Med Health System,…
-
Bradford (Pa.) Regional Medical Center, part of Buffalo, N.Y.-based Kaleida Health, plans to close its inpatient, emergency and long-term care…
Join the 500,000+ healthcare executives who start their day with Becker’s