“We raised the rating based on application of the U.S. Not-For-Profit Acute-Care Standalone Hospital criteria published [by S&P] Dec. 15, 2014,” said S&P credit analyst Cynthia Keller.
The outlook is stable, reflecting TUHS’ healthier financial performance. The system also faces several challenges, including weak unrestricted reserves.
More hospital outlook and credit rating actions:
10 recent hospital outlook and credit rating actions
Moody’s affirms Lancaster General Hospital’s ‘Aa3’ rating
Moody’s revises Memorial Hermann Health System’s outlook to positive
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