Moody’s affirms OhioHealth’s ‘Aa2’ rating

Moody’s Investors Service affirmed the “Aa2,” “Aa2/VMIG1” and “P-1” ratings on Columbus-based OhioHealth, affecting $1 billion of debt.

Advertisement

The long-term affirmation is a result of several factors, including OhioHealth’s strong market position, consistently healthy cash flow margins, manageable debt load and solid investment position.

The short-term affirmation is based on OhioHealth’s capability to use internal liquidity to pay tenders and maturing commercial papers.  

The outlook is stable reflecting Moody’s expectation that OhioHealth’s solid operating cash flow margins, stable liquidity measures and strong market position will continue.

More articles on healthcare finance:
Summa Health System to cut 300 jobs due to $60M operating loss
University of Iowa Health Care to stop accepting checks, cash July 1
West Virginia hospital to charge upfront co-pays for non-emergency ER visits

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.

Register to Attend Webinar

Reconsider What’s Possible: Enterprise RCM and the Pro-Fee Practice

Tuesday, July 28
11:00 AM - 12:00 PM CDT

Presenters: Garett Kreitz, Med-MetrixJohn Stefanowicz, Med-MetrixPaul Summers, Nevada Heart & Vascular

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.