“The negative outlook revision and ratings reflect our view of SSM Health’s comparatively higher debt levels relative to medians,” said S&P analyst Kevin Holloran. “It also reflects our expectation of additional debt and balance sheet pressure related to funding in order to complete a merger with [Oklahoma City-based] OU Medicine, anticipated in 2017, and a possible debt issuance for construction of a new St. LouisUniversityHospital inpatient facility that will be considered for 2018.”
More articles on healthcare finance:
After merger, Lehigh Valley aims to refinance millions of Schuylkill Health debt
Cerner touts RCM growth, Black Book names No. 1 CDI vendor & more — 10 RCM keynotes
5 skills CFOs should develop in the next 5 years
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
