Fitch upgrades NewYork-Presbyterian Brooklyn Methodist Hospital’s rating to ‘A’

Fitch Ratings upgraded the rating on New York City-based NewYork-Presbyterian Brooklyn Methodist Hospital’s series 2014 to “A” from “A-,” affecting $25.95 million of debt.

Advertisement

Concurrently, Fitch assigned its “A” issuer default rating to the hospital.

The upgrade and assignment are based on several factors, including the hospital’s solid market position, favorable operating performance and growing unrestricted liquidity.

The outlook is stable.  

More articles on healthcare finance:
Tenet’s hospital performance a drag on Q2 revenue
Moody’s revises Doctors Community Hospital’s outlook to negative
Texas health system taps Streamline Health for bill coding analysis

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.