The rating assignment was supported by a number of factors, including the system’s strong and consistent financial performance and its excellent reputation and brand name that contribute to growing patient volumes.
Stanford Health Care’s challenges were also considered for the rating assignment, including operating in a fluid market involving significant affiliation activity.
The system’s outlook is stable.
More articles on healthcare finance:
Texas health system files for bankruptcy protection
The community hospital survival guide: Strategies to keep the doors open
CMS pays $1.3B to hospitals for Medicare appeals