The downgrade is a result of Liberty Hospital’s continuous loss of market share and sustained operating weakness.
The outlook is stable at the lower rating, reflecting S&P’s expectation that hospital management will prevent further declines in market share to protect operations.
More articles on healthcare finance:
Allegheny Health Network posts slim profit in Q1: 5 things to know
Consumerism and the patient payment transition: 2 experts discuss
Mississippi hospital changes ER pricing policy after newspaper’s probe into child’s expensive visit
Register to Attend Webinar
Presenters:
Kyle Snider, MemorialCare|Michael Hopkins, Northwestern Memorial Hospital|Dameka Miller, Trinity Health|Ginger Sharp, Legacy Health|Kellan Tittle, MBA, People Incorporated Mental Health Services
Next Up in Financial Management
-
Providence, R.I.-based Brown University Health has eliminated or consolidated 10 senior leadership positions and is offering a voluntary separation program…
-
When Kathy Donovan joined Springfield, Ill.-based Hospital Sisters Health System as senior vice president and chief operating officer in 2023,…
-
Keith Mueller, PhD, director of RUPRI at the University of Iowa in Iowa City, and a founding member of its…
Join the 500,000+ healthcare executives who start their day with Becker's
Becker's Hospital Review Newsletter is sent Monday–Sunday.
