The initial rating assignment is based on a number of factors, including Oaklawn’s adequate cash position and role as the area’s leading acute care hospital.
Oaklawn also faces several challenges, including its high leverage position and the size and scope of its operations.
The outlook is stable, reflecting Moody’s Investors Service’s expectation that Oaklawn will keep its strong acute care market position and maintain its current level of operating performance.
More articles on healthcare finance:
Adventist Health beefs up patient identification, AHA launches MACRA tool & more — 7 RCM keynotes
New Jersey finds balance billing law ‘hard to enforce’
Geisinger CEO Dr. David Feinberg talks 1 year of patient refunds
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
