The upgrade is based on the Cleveland Clinic’s acquisition of the hospital, which was completed on Jan. 1.
The rating outlook is stable and reflects the hospital’s strong and expanding market position as a result of integration with the Cleveland Clinic.
More articles on healthcare finance:
Tower Health points to Epic install costs for operating loss
Ohio hospital to close after 105 years
North Carolina hospital misses payroll
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.
