The downgrade is based on a number of factors, including Spartanburg’s increase in debt and constrained balance sheet metrics.
The outlook is stable, reflecting Moody’s Investors Service’s expectation that Spartanburg’s performance in the near term may suffer slightly due to its EMR implementation costs and construction expenses.
More articles on healthcare finance:
Steward withholds financial info from Mass. officials for second year in a row
Scripps’ finances steady despite costly Epic EHR, RCM system rollout
112 companies offering healthcare RCM services
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
