S&P assigns ‘BBB-‘ rating to Columbus Regional Healthcare System’s certificates

S&P Global Ratings assigned a “BBB-” rating to Columbus (Ga.) Regional Healthcare System’s $105.2 million of series 2017 taxable revenue anticipation certificates.

Advertisement

“We assessed Columbus Regional’s enterprise profile as strong characterized by solid share in a competitive market, good demand for its services, and a stable economy that is anchored by the U.S. Army’s Fort Benning base,” said S&P analyst Jim Fielding.

The outlook is stable.

More articles on healthcare finance:
S&P lowers Richmond Hospital Authority’s rating to ‘A-‘
S&P revises Beaver Dam Community Hospital’s outlook to stable
Moody’s revises Lake Health’s outlook to negative

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.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.