Concurrently, Fitch assigned its “BBB+” issuer default rating to SCHS.
The affirmation and assignment are a result of the health system’s dominant market position, favorable payer mix, strong operating performance and improving leverage metrics.
The outlook is stable.
More articles on healthcare finance:
Donations to USC medical school fall 55% after dean, faculty scandals
U of Texas Health renames cancer center after donors of $25M gift
6 latest hospital credit downgrades
