The affirmation is a result of several factors, including CHST’s dominant market position, increasing patient volume, strong liquidity metrics and moderate leverage.
The outlook was revised to negative from stable, reflecting CHST’s lower than average cash flow margins.
More articles on healthcare finance:
Highmark Health, Allegheny Health Network to invest $1B in new hospital, renovations
CMS grants Kansas a 12 month Medicaid extension after an initial request was denied
Columbus Marathon raises $1M for Nationwide Children’s Hospital
