The affirmation is a result of several factors, including the health system’s growing market share, manageable capital plans, solid investment position, on-budget operating performance and healthy leverage metrics. Moody’s also acknowledged the health system’s unfavorable payer mix, competitive service area and its modest size.
The outlook is stable, reflecting Moody’s expectation that the health system will hit its fiscal 2018 budget and see growth in its cash reserves.
More articles on healthcare finance:
15 hospitals seeking RCM talent
Children’s Mercy Kansas City receives two record-breaking gifts totaling $150M
Massachusetts community hospital posts 32nd consecutive operating surplus in FY 17
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
