The rating affirmation was supported by a number of factors, including the system being the primary referral hospital for a large region and having a market share of approximately 75 percent in its primary service area.
The rating affirmation was also supported by Altru’s affiliation with Rochester, Minn.-based Mayo Clinic.
The system also faces some challenges, which were considered for the rating affirmation, such as having a high debt load.
More articles on healthcare finance:
5 traits of a good CFO in healthcare
Why are hospitals being penalized for reducing readmissions?
Texas Health Presbyterian’s finances bounce back after Ebola crisis
