The rating assignment is based on a number of factors, including Redlands’ improved liquidity, sufficient profitability and favorable payer mix.
The outlook is stable.
More articles on healthcare finance:
CHS expects $83M operating loss in Q3: 5 things to know
The next service partner: Companies that measure hospital performance
New Jersey group condemns stalled balance billing legislation
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.