Moody’s affirms ‘A3’ rating for Spectrum Health

Moody’s Investors Service has affirmed its “Aa3,” “Aa3/VMIG 1” and “Aa3/P-1” ratings for Grand Rapids, Mich.-based Spectrum Health.

Advertisement

The affirmation reflects several factors,including Spectrum’s large size, diversity of cash flow, health insurance plan and long track record of good margins operating as an integrated delivery system.

The rating outlook is stable.

More articles on healthcare finance:

10 hospitals seeking RCM talent
Georgia Senate OKs surprise billing legislation: 6 things to know
5 recent RCM tips

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.

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.