S&P assigns ‘BBB’ rating to Redlands Community Hospital’s bonds

S&P Global Ratings assigned a “BBB” long-term rating to Redlands (Calif.) Community Hospital’s $91.3 million of series 2016 bonds.

Advertisement

“The rating affirmation reflects our assessment of RCH’s financial profile as strong and its enterprise profile as adequate,” said S&P analyst Martin Arrick.

The outlook is stable.

More articles on healthcare finance:
Erlanger holds down expenses in Q1, plans new cancer center
Moody’s revises Tulare Local Healthcare District’s outlook to stable
Moody’s downgrades Terrebonne General Medical Center’s rating to ‘A3’ 

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.

Register to Attend Webinar

Reconsider What’s Possible: Enterprise RCM and the Pro-Fee Practice

Tuesday, July 28
11:00 AM - 12:00 PM CDT

Presenters: Garett Kreitz, Med-MetrixJohn Stefanowicz, Med-Metrix

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.