“The long-term rating is based on our assessment of insurance from the California Health Facilities Construction Loan Insurance Program,” said S&P analyst Patrick Zagar. “The ultimate backing for the program, however, is the full faith and credit of California.”
The outlook is stable, reflecting S&P’s GO debt rating on California.
More articles on healthcare finance:
Philadelphia charity care disparity spans millions
Sonoma West Medical Center cuts 25 jobs amid revenue cycle overhaul
Abbott Laboratories CEO buys $45.5M in company’s stock
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
