Fitch upgrades University of Vermont Medical Center to 'A+'

Fitch Ratings upgraded Burlington-based University of Vermont Medical Center to "A+" from "A-."

Concurrently Fitch assigned its "A+" issuer default rating to the medical center.

The upgrade and assignment are based on several factors, including the medical center's favorable payer mix, dominant market share and healthy operating performance.

The outlook is revised to positive from stable.

More articles on healthcare finance:
Allegheny Health Network posts slim profit in Q1: 5 things to know
Consumerism and the patient payment transition: 2 experts discuss
Mississippi hospital changes ER pricing policy after newspaper's probe into child's expensive visit

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Top 40 Articles from the Past 6 Months