The upgrade is a result of several factors, including the hospital’s improved financials, leading market position, growing liquidity metrics, feasible future capital spending and manageable debt burden.
The outlook is stable.
More articles on healthcare finance:
Summa Health System to cut 300 jobs due to $60M operating loss
University of Iowa Health Care to stop accepting checks, cash July 1
West Virginia hospital to charge upfront co-pays for non-emergency ER visits
Register to Attend Webinar
Presenters:
TJ Burdine, Optum|Tyler Graham, Optum
Next Up in Financial Management
-
Chicago-based CommonSpirit Health will consolidate its five regions into three service areas, West, Central and East, effective in January, CFO…
-
Providence, R.I.-based Brown University Health has eliminated or consolidated 10 senior leadership positions and is offering a voluntary separation program…
-
When Kathy Donovan joined Springfield, Ill.-based Hospital Sisters Health System as senior vice president and chief operating officer in 2023,…
Join the 500,000+ healthcare executives who start their day with Becker's
Becker's Hospital Review Newsletter is sent Monday–Sunday.