Concurrently, S&P affirmed its “A-” rating on St. Luke’s outstanding debt.
“The “A-” rating reflects our opinion of SLUHN’s increasing market share in its primary service area, healthy volume growth, and very strong leadership team that has demonstrated operational success and strong project management,” said S&P credit analyst Margaret Carr.
The outlook is stable, reflecting St. Luke’s strong enterprise profile and experienced management team.
More articles on healthcare finance:
Allegheny Health Network posts slim profit in Q1: 5 things to know
Consumerism and the patient payment transition: 2 experts discuss
Mississippi hospital changes ER pricing policy after newspaper’s probe into child’s expensive visit
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
