Fitch affirms Carson Tahoe Health System’s ‘BBB+’ rating

Fitch Ratings assigned Carson City, Nev.-based Carson Tahoe Health System an issuer default rating of “BBB+” and affirmed its “BBB+” ratings for outstanding bonds issued by Carson City.

Advertisement

The ratings reflect the system’s dominant local market position and strong cash flow. While Fitch acknowledges that liquidity growth has been slightly less than expected in the last year, it expects Carson Tahoe to achieve a financial profile more in line with its rating over the next year.

The rating outlook is positive.

More articles on healthcare finance:

RCM tip of the day: Train your staff
AHA, HHS present court arguments on Medicare appeals backlog: 7 things to know
Black Book’s top 25 RCM software and technology vendors in 2018

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.