Fitch affirms Martin County Hospital District’s ‘BBB’ rating

Fitch Ratings has affirmed the “BBB” rating on Stanton, Texas-based Martin County Hospital District’s series 2011A and 2011B combination limited tax and revenue bonds, affecting approximately $20.6 million.

Advertisement

The rating affirmation is based on several factors, including the district’s dependency on tax revenues and improving competitive position.

The outlook is stable.

More articles on healthcare finance:
4 ways Maryland’s new all-payer system is advantageous
WHO says TPP could limit access to generic drugs
31 Mississippi hospitals at risk of closing

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.