The outlook revision is based on a number of factors, including the completion of Gundersen’s construction project, consistent operating profitability and manageable debt burden.
Fitch also affirmed the “A+” rating on Gundersen’s $69.5 million of series 2012 bonds and $137.1 million of series 2011A bonds.
More articles on healthcare finance:
California hospital resumes services following wildfire
S&P revises Adventist Health’s outlook to stable
Kansas hospital undergoes audit after departure of CFO
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.