The upgrade is based on several factors, including its multiple years of sustained strong margins, completion of a large capital program and increase in liquidity.
The outlook is stable, reflecting PinnacleHealth’s sustained operating cash flow margins and lack of new material debt.
More articles on healthcare finance:
Conn. looks to other states for examples of how to control healthcare costs: 5 things to know
Moody’s assigns ‘Aa3’ rating to Franciscan Alliance’s bonds
$700M to rebuild Brooklyn hospital remains unspent in year since Gov. Cuomo’s proposal
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.
