The assigned rating is based on a number of factors, including CHOP’s reputation among children’s hospitals in terms of clinical strength, its leading market position in the greater Philadelphia area and strong operating margins. CHOP has a $2 billion revenue base and is the largest independent pediatric hospital in the country.
CHOP also has challenges, such as a large ambulatory care project that will elevate capital spending in the short term.
More articles on hospital credit ratings:
Moody’s upgrades Bridgeport Hospital to ‘Aa3’
Moody’s upgrades New York Methodist Hospital to ‘Baa1’
7 recent hospital rating and outlook changes, affirmations
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