The negative watch is a result of the health network’s heightened risk under Fitch’s revised rating criteria and its weakened operating performance. Fitch also acknowledged the health system’s light debt burden, favorable market position and solid liquidity measures.
The rating watch will be resolved within six months, following full credit review under the new criteria.
More articles on healthcare finance:
Morgan Memorial receives $35M USDA loan to finance new hospital
13 recent hospital, health system outlook and credit rating actions
Dolly Parton gives $1M gift to Vanderbilt children’s hospital
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.
