The hospital’s rating reflects its reputation as a premier pediatric academic medical center and teaching hospital for Harvard Medical School. The hospital had nearly $248 million of combined research grants and contracts and indirect cost recovery in 2013.
The hospital also has a strong balance sheet, positive margins and a very strong market share in the Boston area.
The hospital’s stable outlook was based on the expectation that the hospital will maintain its reputation for pediatric clinical care and research activity.
More Articles on Hospital Credit Ratings:
Moody’s Assigns ‘Aa3’ Bond Rating to Providence Health & Services, Outlook Stable
Fitch Downgrades Mississippi Baptist Health System
Moody’s Affirms University of Iowa Hospitals & Clinics’ ‘Aa2’ Rating, Outlook Stable
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.
