Fitch assigns 'A' rating to East Tennessee Children's Hospital
Fitch Ratings has assigned an "A" rating and an "A" issuer default rating to Knoxville-based East Tennessee Children's Hospital.
The ratings reflect the hospital's position as a regional pediatric referral center for a 16-county area and improved financial performance in fiscal year 2018.
The rating outlook is stable.
More articles on healthcare finance:
46 RCM tips from 2018
Medicare appeals backlog down more than 52% since 2015, HHS reports
For-profit hospital stock report: Week of Dec. 31-Jan.4
© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.