Fitch assigns ‘A’ rating to Northwell Health’s bonds

Fitch Ratings has assigned an “A” rating to New Hyde Park, N.Y.-based Northwell Health’s $500 million of series 2016A bonds.

Advertisement

The rating assignment is based on a number of factors, including expanding footprint in the New York metropolitan area, manageable debt burden and modest but stable liquidity.

The outlook is stable.

More articles on healthcare finance:
Ascension’s expansion efforts pay off as operating surplus swells to $753M
Healthcare Payment Specialists expands RCM offerings: 5 things to know
7 hospitals receive credit downgrades in past month 

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.