Fitch assigns ‘A-‘ University of Vermont Medical Center’s bonds

Fitch Ratings has assigned an “A-” rating to Burlington-based University of Vermont Medical Center’s series 2016A revenue bonds, affecting $72.6 million.

Advertisement

The rating assignment is based on a number of factors, including UVMC’s stable core operations and continued system expansion.

Offsetting these strengths is Burlington-based University of Vermont Health Network’s need to maintain solid profitability.

The outlook is stable.

More articles on healthcare finance:
Medicare patients pay far more for outpatient care at critical access hospitals: 7 things to know
Illinois hospital closes; OSF Healthcare converts building into urgent care center
For-profit hospital stock report: Week of Dec. 28-31

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.