The affirmation is a result of several factors, including the health system’s strong market position, proactive actions to expand medical services and affiliation with Arlington, Wash.-based Cascade Valley Hospital and Clinics. Moody’s also acknowledged Skagit Regional’s weaker financial performance and upcoming EMR implementation.
The outlook is negative, reflecting the risks associated with the health system’s upcoming EMR conversion and weakened operating performance.
More articles on healthcare finance:
Swedish Health’s Cherry Hill campus no longer at risk of losing Medicare funding
Missouri hospital’s Medicare contract no longer at risk
OIG: Replacement of 7 recalled and prematurely failed medical devices cost Medicare $1.5B over a decade
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
