The outlook revision reflects the system’s improved performance after the closure of Providence-based Memorial Hospital of Rhode Island in January 2018, as well as its merger agreement with Boston-based Partners HealthCare.
S&P also affirmed its “BB-” long-term rating for Care New England.
More articles on healthcare finance:
‘Medicare for All’ would reduce hospital operating margins by more than 20 percent, analysis finds
8 Vermont hospitals report negative operating margins in FY 2018, review shows
The top financial pressures facing healthcare organizations: 5 leaders discuss
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
