The downgrade is based on a number of factors, including THS’ marked decline in operating performance in fiscal year 2015. Offsetting THS’ challenges are its leading market position and steady liquidity levels.
The outlook is negative, reflecting Moody’s Investors Service’s expectation that THS will keep experiencing financial pressure in the coming months.
More articles on healthcare finance:
Profit margins at St. Louis-area hospitals rise as charity care levels fall
Moody’s assigns ‘Aa1/VMIG 1′ to IHC Health Services’ bonds
Are rising deductibles driving a political shift in healthcare?
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.
