S&P raises rating on Rogers Memorial Hospital to ‘A-‘

S&P Global Ratings raised the long-term rating on Oconomowoc, Wis.-based Rogers Memorial Hospital’s series 2014A and 2014B bonds to “A-” from “BBB+.”

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“The rating action reflects our view of Rogers’ completion of sizable capital plans and operational measures that have returned to historical levels,” said S&P analyst Brian Williamson.

The outlook is stable, reflecting S&P Global Rating’s anticipation RMH “will continue to invest in outpatient remote locations and the local operations while maintaining credit metrics that support the current rating,” said Mr. Williamson.

More articles on healthcare finance:
Moody’s downgrades rating on CHI’s debt to ‘Baa1’
Moody’s affirms ‘A3’ rating on Torrance Memorial Medical Center’s bonds
Moody’s assigns ‘Aa3’ rating to Allina Health System’s bonds

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