The hospital association operates Bowling Green, Ohio-based Wood County Hospital. The downgrade reflects Moody’s expectation that its operating performance will remain lower than historical levels despite anticipated improvement.
The hospital’s increasingly competitive market and limited size and scope of operations will also constrain revenue and volume growth.
The outlook has been revised from negative to stable.
More articles on healthcare finance:
10 hospitals seeking RCM talent
Patient billing protections, ‘fair reimbursement’ among recommendations in new report from Massachusetts health commission
RCM tip of the day: How to measure the patient financial experience
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.