“WFB maintains a robust enterprise profile, in our opinion, highlighted by its growing market share across higher acuity service lines, steadily increasing volume and strategic growth across its service area,” said S&P analyst Jennifer Soule. “WFB has also sustained a healthy financial profile as evidenced by its ample balance of unrestricted reserves and light debt compared with the current rating and with the ‘A+’ rating level.”
The outlook is positive, reflecting S&P’s view of WFB’s healthy enterprise profile, stable financial performance in recent years and its ample balance sheet cushion.
More articles on healthcare finance:
5 most-read finance stories: Week of Oct. 10-14
Healthcare spending up 5.5% in August
CMS releases MACRA final rule: 10 things to know
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
