The assignment is a result of several factors, including Sentara Healthcare’s strong operating margins, favorable unrestricted reserves, dominant market position and experienced management team.
The outlook is stable, reflecting the health system’s excellent enterprise and financial profile.
More articles on healthcare finance:
Louisiana House passes budget with deep cuts to healthcare that could shutter hospitals: 6 things to know
Consumerism and the patient payment transition: 2 experts discuss
Memorial Hermann exec: Consumers expect convenient bill pay — It’s time for healthcare to catch up
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.