“The rating reflects our opinion of UC Health’s sound business position, sustained improvement in operations, still fairly modest debt levels and ongoing support from supplemental revenue sources,” said S&P analyst Suzie Desai.
The outlook is stable, reflecting S&P’s opinion of UC Health’s improving enterprise and financial profiles.
More hospital outlook and credit rating actions:
Fitch assigns ‘AA’ rating to University of Chicago Medical Center’s bonds
Moody’s assigns ‘Aa3’ rating to University of Chicago Medical Center’s bonds
Moody’s assigns, upgrades UC Health’s rating to ‘A2’
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