The affirmation of WFH’s rating was based on a number of factors. The health system has had five consecutive years of profitable operations, and WFH’s cash levels have improved, with the health system having 150 days cash on hand.
WFH also faces challenges, such as ongoing and intensifying competitive pressures in each of the system’s regions from both hospitals and physician alliances.
More Articles on Hospital Credit Ratings:
Fitch Affirms ‘A+’ Rating of St. Clair Hospital Bonds, Revises Outlook to Positive
Moody’s Downgrades UMCC’s Rating to ‘Baa2’, Outlook Negative
Moody’s Affirms Atlantic Health System’s ‘A1’ Rating, Outlook Stable
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