Fitch assigns ‘AA+’ issuer rating to Ascension Health Alliance

Fitch Ratings assigned an “AA+” issuer default rating to St. Louis-based Ascension Health Alliance and affirmed its “F1+” short-term rating the system’s variable rate demand bonds.

Advertisement

Concurrently, Fitch affirmed its “AA+” rating on Ascension’s senior and subordinate bonds, affecting $7.6 billion of debt.

The rating reflects Ascension’s strong financial profile and significant presence in several key markets.

The rating outlook is stable.

More articles on healthcare finance:

Man breaks hip, then gets in on hospital employees’ $1M lottery winning
4 notable donations to healthcare organizations
LifePoint sees net income decline 19% in Q3

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.