Moody’s revises ProHealth Care’s outlook to stable

Moody’s Investors Service has revised Waukesha, Wis.-based ProHealth Care’s outlook to stable from negative and affirmed the “A1” rating, affecting $190 million of outstanding rated debt.

Advertisement

The rating affirmation is based on ProHealth’s solid market position and healthy absolute liquidity.

The outlook revision reflects ProHealth’s stronger operating cash flow and Moody’s Investors Service’s expectation its current margins will be sustained.

More articles on healthcare finance:
CMS releases OPPS proposed rule for 2017: 12 things to know
Oregon Health Authority report lifts veil on hospitals’ reimbursement rates: 5 findings
Florida Supreme Court to hear hospital funding dispute

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.