The ratings affirmation is based on a number of factors, including the medical center’s steady cash flow, manageable capital needs and strong service area characteristics.
The outlook is stable.
More articles on healthcare finance:
Rite Aid shares continue to slide after releasing merger proxy statements with Walgreens Boots Alliance
11 recent hospital outlook and credit rating actions
Moody’s affirms ‘#Aaa’ rating to CentraCare Health System’s bonds
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.