S&P revises Yuma Regional Medical Center's outlook to positive

S&P Global Ratings affirmed its "A-" rating on Yuma (Ariz.) Regional Medical Center's series 2014 revenue bonds, affecting $73 million of debt.

The outlook was revised to positive from stable.

"The outlook revision reflects our view of expected improvement in balance sheet and debt metrics, as YRMC has completed a period of heavy capital projects that both increased debt and required substantial cash outlay," said Ashley Henry, an S&P Global Ratings credit analyst.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>