Moody’s affirms ‘B1’ rating for Sauk Prairie Healthcare

Moody’s Investors Service affirmed its “B1” rating for Sauk Prairie Healthcare in Prairie du Sac, Wis., affecting $38 million of fixed rate bonds.

Advertisement

The affirmation reflects Moody’s view that Sauk Prairie Healthcare will maintain its market position, adequate margins and healthy liquidity position. However, the system will continue to be challenged by high financial leverage and small size compared to larger providers in nearby Madison, Wis.

The rating outlook has been revised from negative to stable.

More articles on healthcare finance:

Utilities won’t be shut off at Kansas hospital
California budget calls for healthcare spending boost
Bulk pricing of healthcare services saves time, money, business owner says

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.