“The rating reflects UMMS’ strong enterprise profile with a sound business position as one of Maryland’s leading health systems, coupled with a good financial profile characterized by continued positive operating margins in fiscal 2016 and adequate liquidity and financial flexibility,” said S&P analyst Stephen Infranco.
The outlook is positive, reflecting S&P’s expectation that UMMS will continue to improve its financial trends.
More articles on healthcare finance:
How hospitals can elevate the standard of care and lower hospital costs
Fitch revises Summa Health System’s outlook to positive
6 Massachusetts health networks test ACO pilot program for Medicaid
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
