Fitch assigns ‘AA-‘ issuer default rating to Trinity Health

Fitch Ratings assigned an “AA-” issuer default rating to Livonia, Mich.-based Trinity Health and affirmed the system’s “AA-” long-term rating, affecting $5.8 billion of bonds.

Advertisement

The rating reflects Trinity’s strong financial profile assessment as well as its size and scope, which includes significant market share in multiple states.

The rating outlook is stable.

More articles on healthcare finance:

Kentucky hospital files for bankruptcy    
Michigan hospital CEO will take pay cut to boost facility’s finances    
Partners HealthCare’s annual operating income soars 489%

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.

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.