While macro pressures such as elevated labor costs will continue to put pressure on the healthcare system, its margins are expected to remain robust, Fitch said.
The system, which has a leading market share in Colorado, also benefits from a strong population growth area in metropolitan Denver.
UCHealth, which had approximately $6.3 billion of total operating revenue in fiscal 2022, according to Fitch, signed an agreement Jan. 24 to merge with Pueblo, Colo.-based Parkview Health System.
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