Moody’s assigns ‘Aa3’ rating to University of Wisconsin Hospital and Clinics bonds

Moody’s Investor Service has assigned an “Aa3” rating to Madison-based University of Wisconsin Hospital and Clinics’ proposed revenue bonds, affecting  $450 million of debt.

Advertisement

The rating, along with Moody’s affirmation of the “Aa3” rating on the system’s outstanding bonds, reflects the University of Wisconsin Hospital and Clinics’ role within UW Health and its continued transformation from academic medical center to integrated delivery system, along with the system’s strong balance sheet resources.

The rating outlook is stable.

More articles on healthcare finance:

Walmart wants to cut healthcare costs for customers
Indiana hospital files for bankruptcy, scales back services
Missouri hospital to close

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.