“The rating reflects our view of Palomar Health’s very strong enterprise profile combined with a vulnerable but improving financial profile,” said S&P analyst Martin Arrick.
The outlook is stable, reflecting S&P’s belief in Palomar Health management’s continued progress in restoring operational performance over the past few years.
More articles on healthcare finance:
Moody’s affirms Firelands Regional Medical Center’s ‘A3’ rating
S&P raises Yale New Haven Health Obligated Group’s ratings to ‘AA-‘
S&P assigns ‘AA’ rating to Texas Health Resources’ bonds
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.
