S&P also affirmed its “BBB+” underlying rating on Scotland Memorial Hospital’s series 1999 insured healthcare facility revenue bonds, affecting $6.5 million.
“The positive outlook reflects continued improvement in operating performance in fiscal 2015 and fiscal 2016 year-to-date due to additional patient volume and revenue coupled with management’s continued strong expense control,” said S&P credit analyst Cynthia Keller.
More articles on healthcare finance:
Duke, MD Anderson, Dana-Farber to study less-is-more for breast cancer patients and bundled payments
MedKoder to launch apprenticeship program for aspiring medical coders
Survey reveals how patients shoulder burden of fragmented healthcare system
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
