Moody’s revises Anne Arundel Health System’s outlook to positive

Moody’s Investors Service has revised Annapolis, Md.-based Anne Arundel Health System’s outlook to positive and affirmed the “A3” rating on approximately $335 million of rated debt.

Advertisement

The outlook revision reflects Moody’s expectation that further balance sheet metric improvement will follow continued generation of strong operating cash flow.

The rating affirmation is based on several factors, including AAHS’ stable market position, trend of strong cash flow generation and healthy patient demand.

More articles on healthcare finance:
Healthcare Supply Chain Association names Curt Miller to lead healthcare e-standards committee
South Carolina hospital closing down Thursday
Hospital tax exemptions halted in Illinois

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

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.