The rating affirmation is based on a number of factors, including MRHC’s continued stable operating performance and its strong market position in northeastern Mississippi.
MRHC also faces several challenges, including a challenging payer mix and a leveraged balance sheet.
The outlook is stable, reflecting Moody’s Investors Service’s expectation that strong operating performance will continue and balance sheet metrics will remain in line with MRHC’s “Baa2”-rated peers.
More articles on healthcare finance:
4 things to know about Codebusters’ new medical coding solution
Survey: 1 in 5 full-year insured adults in Mass. have trouble paying family medical bills
6 states that have saved millions of dollars since expanding Medicaid
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