The rating assignment was based on several factors, including PH&S’ strong market positions, improved operating performance and excellent business practices.
The rating outlook is stable.
More articles on finance:
Cleveland Clinic Q2 operating margin grows: 5 things to know
OIG: Moses H. Cone received $1.83M in Medicare overpayments
Fitch assigns ‘AA-‘ rating to Allina Health System’s bonds
Next Up in Financial Management
-
The Pennsylvania Department of Health revoked Sharon (Pa.) Regional Medical Center’s license, effective Nov. 17, and ordered the hospital to…
-
Health systems across the country are making very different bets on whether to be in the insurance business. Carle Health,…
-
Port Angeles, Wash.-based Olympic Medical Center is considering converting to a smaller critical access hospital, according to a report from…
Join the 500,000+ healthcare executives who start their day with Becker's
Becker's Hospital Review Newsletter is sent Monday–Sunday.
