The rating reflects the system’s strong market position and historically solid operating platform, which are offset by its high financial leverage.
The rating outlook remains negative.
More articles on healthcare finance:
How millennial healthcare revenue cycle professionals feel about their employers
Nonprofit hospitals will continue to struggle in 2019, Fitch says
Texas hospital bills wrong patient nearly $13K
Next Up in Financial Management
-
When the nearest hospital is miles away, critical access hospitals function as both everyday care providers and emergency rooms. These…
-
Chicago-based CommonSpirit recorded an operating loss of $544 million (-5.3% operating margin) before special charges in the first quarter of…
-
University of Miami Health System, known as UHealth, announced Medicare Advantage plans from Aetna, Preferred Care Network and Solis Health…
Join the 500,000+ healthcare executives who start their day with Becker's
Becker's Hospital Review Newsletter is sent Monday–Sunday.
