Moody’s affirms ‘A1’ rating on ThedaCare

Moody’s Investors Service affirmed an “A1” rating on Appleton, Wis.-based ThedaCare’s debt issued through the Wisconsin Health and Educational Facilities Authority, affecting $231 million of outstanding debt.

Advertisement

 

The affirmation is a result of several factors, including the company’s strong market position, durable balance sheet and limited risk related to its debt structure.

The outlook is stable, reflecting Moody’s expectation that ThedaCare’s strong operating performance and balance sheet metrics will continue through fiscal year 2017. 

More articles on healthcare finance:
6 largest gifts from individuals to healthcare organizations in 2017
4 of 37 provider-sponsored health plans profitable in 2015
Illinois ordered to increase Medicaid funding to providers during budget impasse

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.