Moody’s also affirmed a “Baa2” rating on $363 million of debt.
The assignment is based on a number of factors, including the medical center’s strong market position, consistent cash flow and operating surpluses.
The outlook is stable, reflecting Moody’s expectation that Eisenhower Medical Center will continue to produce strong margins.
More articles on healthcare finance:
4 of 37 provider-sponsored health plans profitable in 2015
Illinois ordered to increase Medicaid funding to providers during budget impasse
Mercy Health Network, AmeriHealth dodge split, helping 220k residents on Medicaid
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.
