Fitch assigns ‘AA-‘ rating to Banner Health’s bonds

Fitch Ratings has assigned an ‘AA-‘ rating to Phoenix-based Banner Health’s $766.1 million of series 2016A bonds.

Advertisement

The rating assignment is based on a number of factors, including Banner’s strong operating performance and expanded geographic footprint.

The outlook is stable.

More articles on healthcare finance:
Geisinger gets revenue boost from acquisitions
InstaMed lands $50M capital investment
Mosaic Life Care braces for DSH overpayments, audit findings

Advertisement

Next Up in Financial Management

  • National Institutes of Health grant terminations have hit some states dramatically harder than others, with just three accounting for more…

  • Here are 43 health systems with strong operational metrics and solid financial positions, according to reports from credit rating agencies…

Advertisement

Comments are closed.