The rating reflects Moody’s view that the hospital will have more moderate margins and cash flow despite recent improvements. However, its relationship with Columbia-based University of Missouri Health System will provide the hospital some additional leverage with commercial insurers and will boost its clinical resources.
The rating outlook was revised to stable from negative.
More articles on healthcare finance:
Man breaks hip, then gets in on hospital employees’ $1M lottery winning
4 notable donations to healthcare organizations
LifePoint sees net income decline 19% in Q3
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.