Moody’s upgrades Medical College of Wisconsin’s rating to ‘Aa3’

Moody’s Investors Service upgraded Milwaukee-based Medical College of Wisconsin’s revenue bonds to “Aa3” from “A1,” affecting $236 million of debt.

Advertisement

The upgrade is based on several factors, including MCW’s balance sheet growth, moderate leverage profile, manageable debt load and strong market position. Moody’s also acknowledged the medical college’s high reliance on patient care, which exposes the organization to the volatile healthcare sector.

The outlook is stable, reflecting Moody’s expectation that the medical college will continue to draw in a large number of students and maintain its stable cash flow.

More articles on healthcare finance:
Mission Hospital to name cancer institute after donors of record-setting gift
7 latest hospital credit downgrades
10 hospitals seeking RCM talent

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

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.