The health system has a number of strengths, which were considered for the rating affirmation, such as its position as the academic medical center for Temple University. The health system also has adequate balance sheet resources, with $357 million of unrestricted cash and investments, or 96 days cash on hand, as of June 30.
Temple University Health System also faces some challenges, such as a multi-year trend of operating losses. The system reported a $16.4 million operating loss for fiscal year 2014 and a $27 million operating loss in FY 2013.
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