“The outlook revision reflects our view that, with continued revenue growth, sound operating results and balance sheet metrics that remain generally aligned with comparable ‘A-‘ rated hospitals, we could upgrade SJMC within the two-year outlook period,” said S&P credit analyst Allison Bretz.
More hospital outlook and credit rating actions:
Moody’s assigns ‘MIG 1’ to Avita Health System’s notes
7 recent hospital outlook and credit rating actions
Moody’s assigns ‘Aa2’ to Advocate Health Care Network’s bonds
