Concurrently, the credit agency affirmed its “AA” long-term rating on Mayo Clinic’s outstanding debt.
The rating affirmation and assignment are based on several factors, including the health system’s dominant market position, global reputation, solid financial profile and diverse operating assets.
The outlook is stable, reflecting S&P’s expectation that Mayo Clinic’s stellar enterprise profile will be maintained to improve margins.
More articles on healthcare finance:
Tennessee health system lands in bankruptcy after acquiring 3 hospitals from CHS
NewYork-Presbyterian’s net income tumbles 47%
Vanderbilt University Medical Center points to Epic rollout for 68% drop in operating income
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
