“The ‘AA-‘ rating continues to reflect our view of HSHS leadership’s successful implementation of a strategic plan, which has helped improve the system’s operations while maintaining its strong balance sheet,” said S&P analyst Brian Williamson.
The outlook is stable, reflecting S&P’s opinion that HSHS’ senior management will achieve its goal of a 2 percent operating margin.
More articles on healthcare finance:
Hawaii governor’s proposed budget includes $9.5M for Maui hospitals
New York State hospital costs vary greatly in same region, study finds
Penn Medicine boosts charity care with LG Health acquisition
