The rating affirmation was supported by a number of factors, including WCHA’s location and leading market share of a good service area, maintenance of good balance sheet ratios and historical track record of double digit operating cash flow margins.
Continued pressure on physician retention and recruitment, WCHA’s high debt load relative to its scope of operations and WCHA’s small revenue base could threaten the rating.
The outlook remains negative.
More articles on finance:
10 things for CFOs to know about CAUTIs
5 most-read finance stories: Week of July 6-10
5 recent hospital outlook and rating actions
