S&P affirms ‘A’ rating on Dignity Health, outlook remains negative pending CHI merger

S&P Global Ratings affirmed its “A” long-term rating and underlying rating on San Francisco-based Dignity Health.

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The affirmation is a result of Dignity Health’s recently improved financial performance, favorable geographic dispersion and strong enterprise profile.

The outlook remains negative as a result of Dignity Health’s pending merger with Englewood, Colo.-based Catholic Health Initiatives. S&P expects to lower the rating when the upcoming merger is finalized.

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