Concurrently, S&P affirmed its “A+” rating on SLHS’ outstanding debt.
The assignment and affirmation are a result of several factors, including the health system’s improving market position, growing ambulatory care presence, healthy patient volume growth, light debt burden and moderate operations.
The outlook is stable, reflecting S&P’s expectation the health system will maintain its operational performance.
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
Mississippi hospital changes ER pricing policy amid newspaper’s probe into child’s expensive visit
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.