The rating reflects Moody’s view that The Christ Hospital will continue its improved operating performance and expense management. The hospital’s strong market share in high acuity service lines will continue to grow from investments in physician recruitment and outpatient sites around the Cincinnati area.
The rating outlook is stable.
More articles on healthcare finance:
A recession is coming: What it could mean for healthcare
CHS expects $900M gain from hospital divestitures in 2019
Pennsylvania hospital employees work without pay
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.