The 476-bed community hospital’s strengths were considered for the outlook revision, including its return to strong levels of operating cash flow over the last 12 months.
The rating affirmation was based on a number of factors, including Eisenhower Medical Center’s stable market position and manageable capital needs.
The hospital also faces some challenges, which were considered for the rating affirmation, such as having very high Medicare exposure, according to Moody’s.
More articles on healthcare finance:
Hospitals urge Congress to maintain support for 340B program
AHA voices support for permanent ‘doc fix’ bill
Fee-for-service vs. value-based care: 6 points of debate raised by health policy experts
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