The rating affirmation is based on a number of factors, including CHLA’s strong market position as a leading provider of pediatric care in Los Angeles and its stable financial performance.
CHLA also faces several difficulties, including high leverage and a challenging payer mix.
The rating outlook remains stable, reflecting Moody’s expectation of stable financial performance inclusive of the California provider fee and manageable capital spending plans.
More articles on finance:
RCM tip of the day: Perform root-cause analysis
CarePayment opens Nashville office, adds leadership team members: 5 key points
Trinity sees operating margin improve as patient volume grows
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
