“While Palomar Health’s financial profile remains vulnerable with a high debt load, modest unrestricted reserves and pressured operations, its overall financial profile has improved incrementally in every way,” said S&P analyst Jen Hansen.
The outlook is stable.
More articles on healthcare finance:
S&P assigns ‘A-1+’ rating to Northwestern Memorial HealthCare’s notes
This week’s 5 must-reads for hospital CFOs
Fitch: Change in political environment could disrupt healthcare business models
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