The rating assignment was based on a number of factors, including the hospital’s substantial operating cash flow. For the fiscal year ended Aug. 31, NYUHC generated a 7 percent operating margin and a 13.2 percent operating cash flow margin.
The hospital also faces some challenges, which were considered for the rating assignment, such as being leveraged with respect to balance sheet resources.
More articles on healthcare finance:
21% of struggling hospitals made this change to avoid bankruptcy
5 recent hospital rating and outlook changes, affirmations
5 most-read finance stories: Week of Nov. 17-21