The outlook remains stable.
The “Ba1” rating affirmation and maintenance of the stable outlook reflects Palomar Health’s improved operating performance and growing cash measures.
Moody’s also affirmed the “Ba1” rating on Palomar Health’s parity revenue bonds worth $550 million.
More articles on healthcare finance:
Consumer-facing app combs medical bills for mistakes
Moody’s assigns ‘P-1’ rating to Northwestern Memorial HealthCare’s notes
Parasail Health partners with medical debt settlement platform
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.