“We assess HRH’s enterprise profile as adequate, with low market share in its primary service area, economic indicators below the U.S. national projections and a large number of admissions from a non-employed physician group,” said Chloe Pickett an S&P Global Ratings credit analyst Chloe Pickett. “We further assess the hospital’s financial profile as strong, with historically positive operations … and stable balance-sheet metrics.”
The outlook is stable, reflecting S&P’s expectation that HRH’ will maintain its solid balance sheet metrics and positive operating performance.
More articles on healthcare finance:
U of Mass Medical School founds Institute for Rare Diseases Research with $10M gift from Chinese businessman
Long-term funding uncertain for teaching health centers in underserved areas: 5 things to know
Donations to help foot part of uninsured shooting victims’ hospital bills, Las Vegas hospital says
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
