The affirmation is a result of several factors, including the health system’s favorable revenue growth, solid revenue base, strong regional presence and advantageous leverage metrics. Moody’s also acknowledged Cooper Health System’s risks of high exposure to governmental payers and competitive market.
The outlook is stable reflecting Moody’s expectation that the health system will maintain favorable operating margins and continue to improve liquidity.
More articles on healthcare finance:
15 recent donations, grants to healthcare organizations
10 recent hospital, health system outlook and credit rating actions
Oklahoma Health Care Authority delays state Medicaid reimbursements to providers
