S&P revises Trinity Health’s outlook to stable

S&P Global Ratings revised Minot, N.D.-based Trinity Health’s outlook to stable from negative.

Advertisement

“The revision to stable outlook reflects Trinity Health’s improved operations and balance sheet through fiscal 2016, increasing Trinity Health’s financial position in the expectation of a sizable debt issuance within the next year,” said S&P analyst Kevin Holloran.

S&P also affirmed the “BBB-” rating on Trinity Health’s series 2006 revenue bonds.

More articles on healthcare finance:
For-profit hospital stock report: Week of Oct. 10-14
4 strategies to advance the definition of health spending
Employees in narrow networks spent up to 36% less on healthcare

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.