Moody’s affirms ‘A1’ rating on ProHealth Care

Moody’s Investors Service affirmed its “A1” rating on Waukesha, Wis.-based ProHealth Care, affecting $181 million of outstanding debt.

Advertisement

The affirmation is a result of several factors, including the health system’s manageable capital needs, favorable market position, strong operating performance and healthy cash flow.  Moody’s unfavorably viewed the ProHealth’s high leverage and heightened competition as a result of a consolidating market.  

The outlook is stable, reflecting Moody’s expectation that ProHealth’s margins will remain high.

More articles on healthcare finance:
TransUnion Healthcare keeping contract with VA 
Central Learning launches 3rd coding contest 
Proposed physician fee changes credit negative for academic med centers, some rural hospitals, Moody’s says

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

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.