The outlook revision is based on several factors, including Mercy’s unstable budget throughout the first nine months of fiscal year 2016.
The rating affirmation reflects Mercy’s maintenance of a strong cash position relative to expenses and debt.
More articles on healthcare finance:
10 recent hospital reimbursement, billing disputes
Change Healthcare adds patient access solution
6 RCM company product launches at HFMA’s 2016 National Institute
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
