S&P upgrades Methodist Le Bonheur Healthcare’s rating to ‘AA-‘

S&P Global Ratings has raised the long-term and underlying ratings on Memphis, Tenn.-based Methodist Le Bonheur Healthcare and Affiliates to “AA-” from “A+.”

Advertisement

“The upgrade reflects Methodist’s strong enterprise profile, leading market share in its service area and maintained improved operating profile,” said S&P credit analyst Margaret McNamara.

The outlook is stable.

More articles on healthcare finance:
Moody’s assigns ‘Aa1’ rating to Harris County Hospital District
GOP backs new emergency fund for public health crises
Medicare doubled spending on hepatitis C drugs in 5 months

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Register to Attend Webinar

Reconsider What’s Possible: Enterprise RCM and the Pro-Fee Practice

Tuesday, July 28
11:00 AM - 12:00 PM CDT

Presenters: Garett Kreitz, Med-MetrixJohn Stefanowicz, Med-Metrix

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.