The rating affirmation is based on several factors, including UCMC’s strong relationship with “Aa2”-rated University of Chicago and recent market share growth.
The outlook has been revised to stable from negative, reflecting Moody’s expectation that UCMC will continue to build off its improvement in operating margins in fiscal years 2014 and 2015.
More hospital outlook and credit rating actions:
Fitch affirms Martin County Hospital District’s ‘BBB’ rating
Moody’s affirms Lexington County Health Services District’s ‘A1’ rating
Moody’s revises The Washington Hospital’s outlook to positive
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
