The affirmation is a result of several factors such as Honor Health’s large market share, favorable operating performance and abundant revenue base.
The outlook is stable, reflecting Moody’s expectation that Honor Health’s healthy operating performance will continue and that the system will make progress on consolidating administrative and clinical services.
More articles on healthcare finance:
Summa Health System to cut 300 jobs due to $60M operating loss
Hackensack Meridian Health, St. Vincent top achievers in patient pay recovery
60% of finance executives underestimate impact of QPP, survey says
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.