Fitch upgrades Salem Health’s rating to ‘AA-‘

Fitch Ratings upgraded Salem (Ore.) Health’s outstanding rated dent to “AA-” from “A+.”

Advertisement

At the same time, Fitch assigned Salem Health an issuer default rating of “AA-.”

The upgrade and assignment are based on several factors, including Salem Health’s dominant position in a favorable primary service area, strong operating results and improving financial profile.

The outlook is stable.

More articles on healthcare finance:
New York hospital sheds $2.34M of expenses in 2-day cost purge
University of Iowa hospitals seek 6% service cost hike
Moody’s affirms ‘A1’ rating on Sanford Health

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.

Register to Attend Webinar

Reconsider What’s Possible: Enterprise RCM and the Pro-Fee Practice

Tuesday, July 28
11:00 AM - 12:00 PM CDT

Presenters: Garett Kreitz, Med-MetrixJohn Stefanowicz, Med-Metrix

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.