Fitch affirms Main Line Health’s ‘AA’ rating

Fitch Ratings affirmed the “AA” rating on Bryn Mawr, Pa.-based Main Line Health’s $129.99 million of series 2010A bonds and $57.799 million of series 2012A bonds.

Advertisement

The rating affirmation is based on several factors, including Main Line Health’s strong financial profile, excellent liquidity and low debt burden.

The outlook is stable.

More articles on healthcare finance:
Kentucky hospital expects to save millions from bond refinancing
4 things to know about Medicaid’s uncertain future in rural Kentucky
Sachem Head Capital lowers stake in TeamHealth by 9.4%

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.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.