Fitch affirms King’s Daughters Medical Center’s ‘A-‘ rating

Fitch Ratings has affirmed the “A-” rating on Ashland, Ky.-based King’s Daughters Medical Center’s $228.6 million of bonds.

Advertisement

The rating affirmation is based on a number of factors, including KDMC’s rebounding profitability.

The outlook is negative, reflecting KDMC’s weakened liquidity and declining inpatient and outpatient utilization.

More articles on healthcare finance:
6 states where most hospital-affiliated physicians accept pharma, device payments
US hospitals see weaker volumes of less acute patients in Q1
CMS considers modifications to ambitious Medicare Part B payment experiment

Advertisement

Next Up in Financial Management

  • Healthcare leaders are often expected to compartmentalize emotion to make difficult decisions, drive results, and maintain operational focus. For many years, I led…

  • Chicago-based CommonSpirit recorded an operating income of $2 million (0% operating margin) in the second quarter of fiscal 2026, down…

  • Amy Assenmacher, RN, senior vice president of revenue cycle at Grand Rapids, Mich.-based Corewell Health, is confident that healthcare is…

Advertisement

Comments are closed.