“The rating reflects [Memorial Healthcare System’s] continued strong operating performance and cash flow, which has contributed to solid balance sheet growth, including high unrestricted reserves and light pro forma debt,” said S&P analyst Stephen Infranco.
The outlook is stable, reflecting S&P’s expectation that Memorial Healthcare System will maintain its solid enterprise profile and continue to generate strong earnings and cash flow.
More articles on healthcare finance:
Does bad press for prices get hospitals to lower rates?
Providers slow to adopt modern payment technology
Financially strapped rural hospitals in Georgia anticipate tax credit program
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
