S&P assigns ‘A-‘ rating to Evangelical Community Hospital

S&P Global Ratings assigned its “A-” rating to Lewisburg, Pa.-based Evangelical Community Hospital’s series 2018B and 2018C revenue bonds.

Advertisement

The assignment is based on several factors, including ECH’s favorable operating margins, good cash flow generation and healthy balance sheet metrics.

The outlook is stable, reflecting the hospital’s consistent operating income and solid unrestricted reserves.

More articles on healthcare finance:
10 hospitals seeking RCM talent
For-profit hospital stock report: Week of May 21-25
Healthcare spending reduced when people get help with social needs, study finds

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.

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.