Providence St. Joseph Health is the organization created by the merger between Renton, Wash.-based Providence Health & Services and Irvine, Calif.-based St. Joseph Health.
The rating assignment is based on a number of factors, including PSJH’s large service area, leading market share and large consolidated pro forma revenue base of more than $20 billion.
The outlook is stable under the assumption that the integration of the organizations will proceed without significant difficulties.
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