The upgrade reflects the system’s multiyear trend of solid profitability margins and growing cash reserves.
The rating outlook has been revised from positive to stable at the higher rating level.
More articles on healthcare finance:
Partners posts $463M loss in Q1
Tennessee hospital receives court oversight amid financial troubles
Carilion Clinic CFO Don Halliwill’s advice to other finance execs: ‘Hire people who are smarter and more talented than you’
Register to Attend Webinar
Presenters:
Kyle Snider, MemorialCare|Michael Hopkins, Northwestern Memorial Hospital|Dameka Miller, Trinity Health|Ginger Sharp, Legacy Health|Kellan Tittle, MBA, People Incorporated Mental Health Services
Next Up in Financial Management
-
CMS Administrator Mehmet Oz, MD, is urging employers to consider an alternative to traditional group health plans that allows workers…
-
Dallas-based Baylor Scott & White Health reported operating income of $1.5 billion (8.3% margin) during the fiscal year ending June…
-
With Morgantown, W.Va.-based WVU Medicine continuing to expand its footprint across West Virginia, Pennsylvania, Ohio and Maryland, its revenue cycle…
Join the 500,000+ healthcare executives who start their day with Becker's
Becker's Hospital Review Newsletter is sent Monday–Sunday.
