Fitch upgrades Cullman Regional Medical Center to ‘BBB’

Fitch Ratings upgraded its rating on Cullman (Ala.) Regional Medical Center to “BBB” from “BBB-.” Concurrently, the credit agency assigned the medical center an issuer default rating of “BBB.”

Advertisement

The upgrade and assignment are based on several factors, including the medical center’s leading market position, strong cash flow and improving financial profile.

The outlook remains positive.

More articles on healthcare finance:
Spending on California ballot initiatives over hospital charges exceeds $10M
California spent $4B on Medi-Cal coverage for potentially ineligible people, audit finds
Mississippi hospitals end Medicare Advantage agreements over declining reimbursement

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.