The rating affirmations reflect HCSC’s strong financial profile driven by its solid capital position and low financial leverage.
The outlook revision is based on HCSC’s substantial losses from the Affordable Care Act’s exchange policies since 2014. It also reflects the possibility of future losses from ACA policies and a weakening in HCSC’s capital base over the past few years.
More articles on healthcare finance:
UPMC provided $892M in community benefits last year
Dartmouth-Hitchcock shoulders $22M loss in 4Q
71% of healthcare in Calif. publicly funded, study finds
