S&P assigns ‘A-‘ rating to Marin General Hospital

S&P Global Ratings assigned its “A-” rating to Kentfield, Calif.-based Marin General Hospital’s proposed $91.9 million series 2018A revenue bonds and $64.8 million series 2018B bonds.

Advertisement

“The rating on Marin reflects a strong enterprise profile combined with an adequate financial profile,” said S&P credit analyst Martin Arrick.

The outlook is stable, reflecting the hospital’s significantly improved financial profile.

More articles on healthcare finance:
Louisiana House passes budget with deep cuts to healthcare that could shutter hospitals: 6 things to know
Consumerism and the patient payment transition: 2 experts discuss
Memorial Hermann exec: Consumers expect convenient bill pay — It’s time for healthcare to catch up

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.

Register to Attend Webinar

Reconsider What’s Possible: Enterprise RCM and the Pro-Fee Practice

Tuesday, July 28
11:00 AM - 12:00 PM CDT

Presenters: Garett Kreitz, Med-MetrixJohn Stefanowicz, Med-Metrix

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.