The “Aa2” rating affirmation is based on a number of factors, including NorthShore’s strong geographic coverage, solid investment position and sound margins.
The health system also faces several challenges, including competition, increased consolidation and moderate revenue growth.
The outlook is stable, reflecting Moody’s Investor Service’s expectation that NorthShore will sustain operating cash flow margins and maintain balance sheet strength.
More articles on healthcare finance:
Accretive Health Q4 revenue hits $68.3M, Access Healthcare launches 9th RCM center & more – 6 RCM key notes
CMS: Track & improve ICD-10 progress
Boston Children’s operating income plummets 71% in Q1
