The affirmation is a result of RWHS’ strong market position.
The outlook was revised to negative from stable, reflecting RWHS’ negative operating margin in fiscal year 2016, upcoming EHR replacement project, increased debt burden and weakened liquidity metrics.
More articles on healthcare finance:
Nearly 200 eligible Southcoast Health employees accept buyouts
Family in shock after receiving a $10k, 26-year-old medical bill
12 hospitals seeking RCM talent