The “Aa3” rating affirmation is based on a number of factors, including SHC’s strong financial performance, above average revenue growth and solid market position as one of two key academic medical centers in the Bay Area.
The “P-1” and “VMIG 1” ratings are based on the strength of SHC’s self-liquidity program.
The outlook is stable, reflecting Moody’s Investors Service’s expectation that SHC’s sustainable cash flow will help generate solid debt service coverage.
More articles on healthcare finance:
MACRA update: More advanced APM opportunities to open
St. Joseph’s Hospital Health Center posts $13M loss
Goldman says these 25 healthcare stocks are immune from the election
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.
