The rating affirmation is based on a number of factors, including FRHS’ leading market share, adequate debt coverage and sound liquidity ratios.
The outlook is stable, reflecting Moody’s Investors Service’s expectation that FRHS will moderately improve operating margins and strengthen debt coverage and liquidity ratios.
More articles on healthcare finance:
California companies take on Sutter Health over cost of care
Lawmakers want hospitals to help pay for Medicaid expansion in Louisiana
5 healthcare CFOs in the headlines
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.