In addition, Fitch affirmed its “A-” rating on the health system’s series 2014, series 2012, series 2010 and series 2009B.
The assignment and affirmation are a result of several factors, including the health system’s favorable market share, adequate liquidity metrics and affiliation with Baltimore-based Johns Hopkins Health System. Fitch also acknowledged the AAHS’ higher debt burden and lower operating income.
The outlook is stable.
More articles on healthcare finance:
Swedish Health’s Cherry Hill campus no longer at risk of losing Medicare funding
Missouri hospital’s Medicare contract no longer at risk
How to prevent patient misidentification under MACRA
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.