The ratings acknowledge the enhanced scale of WellSpan Health after the acquisition of Summit Health, which will provide further geographic diversification and translate to a leading market position in several counties.
The rating outlook remains negative for both organizations.
More articles on healthcare finance:
10 hospitals seeking RCM talent
Georgia Senate OKs surprise billing legislation: 6 things to know
5 recent RCM tips
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.