The outlook for the system remains negative because of “significantly weakened” reserves and following a definitive agreement to divest its skilled nursing business to new operators, S&P said.
In November, ProMedica walked away from a joint venture it had with healthcare infrastructure company Welltower, transferring as of Dec. 19, 2022, the real estate and management of all its facilities to Welltower while operations of the facilities went to new operators.
ProMedica serves communities in 28 states with 12 hospitals and more than 2,500 physicians and advanced practice providers.
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
