The system, anchored by a 330-bed acute care hospital specializing in cardiac care, has a “heavy reliance on contract labor” and suffers from inflationary and wage pressures, Moody’s said.
CMC reported operating revenue of $545.8 million in 2022. Its most recent days’ cash on hand figure is 98.
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.