S&P downgrades Northern Arizona Healthcare System’s rating from ‘AA’ to ‘AA-‘

S&P Global Ratings lowered its long-term rating for Flagstaff-based Northern Arizona Healthcare System from “AA” to “AA-.”

Advertisement

The lowered rating reflects S&P’s application of the “U.S. and Canadian Not-For-Profit Acute Care Health Organizations” criteria. The system has a strong enterprise profile characterized by a dominant market share at both of its acute care hospitals.

The rating outlook is stable.

More articles on healthcare finance:

Kansas community hospital clears hurdle to get sales tax help
How Novant Health alerts patients of split billing
Genesis HealthCare posts $6.9M net loss for 2018

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

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.