The affirmation is a result of several factors, including the health system’s solid liquidity growth, healthy operating margins and strong market position. Fitch also acknowledged the health system’s heavy debt burden in comparison to peers.
The rating outlook was revised to positive from stable.
More articles on healthcare finance:
UPMC to spend $900M on capital projects in 2018
Osawatomie State Hospital is one step closer to recertification, officials say
Alabama county to vote on 1 cent sales tax increase to fund new rural hospital
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit