The outlook revision reflects the the hospital’s fiscal year 2018 performance, which was above expectation, and capped a three-year trend of improving operations.
S&P also affirmed its “BBB” long-term rating for Boston Medical Center.
More articles on healthcare finance:
For-profit hospital stock report: Week of March 4-8
5 tips from hospital CFOs
Texas physicians group opposes legislation to combat surprise ER bills
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.