In January 2015, Mercy Alliance and Rockford Health System merged to create MercyRockford Health System.
MRHS’ “A3” rating assignment and affirmation are based on several factors, including its strong balance sheet resources and solid management team. Mercy Alliance’s downgrade is based on the parity position of all MRHS obligations effectuated with the issuance.
The outlook is stable, reflecting financial improvement and future benefits expected to be achieved from the merger.
More articles on healthcare finance:
Geisinger patient refund policy spurs at least 1 health system to consider the idea
Moody’s assigns ‘A3’ rating to CareGroup’s bonds
22 recent hospital outlook and credit rating actions
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
