Additionally, Moody’s affirmed the “A2” rating on Fairview Health’s $863 million of outstanding debt.
The assignment is a result of several factors, including Fairview’s solid market position, stable leadership, strong financial management, improved balance sheet measures and affiliation with the University of Minnesota.
The outlook is stable, reflecting Moody’s expectation that the health system’s finances will stabilize in fiscal year 2017.
More articles on healthcare finance:
29 hospital, health system outlook and credit rating actions in July
Fitch: Failed ACA replacement efforts add to healthcare sector uncertainty
California implements balance billing rules: 5 things to know
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
