The revision reflects MidMichigan’s unexpectedly thin operating margins in fiscal year 2018, which fell short of the system’s budgeted operating margin.
S&P affirmed the system’s “A+” rating.
More articles on healthcare finance:
Shifting to value-based approach best way to reduce health costs, says AMGA
For-profit hospital stock report: Week of Feb. 25-March 1
California health data company’s 138% stock jump a mystery to traders
Register to Attend Webinar
Presenters:
Dr. Jennifer Weinberg, R1|Melissa Hannan, R1
Next Up in Financial Management
-
Albany (N.Y.) Med Health System has appointed Matthew Jones as acting CEO amid an independent, outside review of allegations against…
-
St. Louis-based Ascension is continuing to scale back its health insurance business, shedding ownership stakes in health plans and redirecting…
-
A number of healthcare organizations have recently closed medical departments or ended services at facilities to shore up finances, focus…
Join the 500,000+ healthcare executives who start their day with Becker's
Becker's Hospital Review Newsletter is sent Monday–Sunday.
