S&P, Fitch and Moody's affirm SCL Health's bond ratings

Standard & Poor's Ratings, Fitch Ratings and Moody's Investors Service have all affirmed the bond ratings they had assigned to Denver-based SCL Health.

Both S&P and Fitch affirmed the "AA-" rating they had assigned to SCL's bonds, and Moody's affirmed the "Aa3" rating it previously assigned.

The rating affirmations were based on a number of factors, including SCL's strong management and operating performance, leading market share in most of its markets and a strong and stable balance sheet.

"At SCL Health we have worked tirelessly to execute on our operational priorities year after year and to thoughtfully pursue strategic partnerships," said Lydia Jumonville, executive vice president and CFO at SCL. "We are pleased to see this consistency and hard work recognized by the ratings agencies."

More articles on healthcare finance:

The evolution of the CFO
CFO roundtable: Top priorities for 2015
9 recent hospital rating and outlook changes, affirmations

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars