5 health systems with strong finances

Here are five health systems with strong operational metrics and solid financial positions according to recent reports from Moody's Investors Service and S&P Global Ratings.

Note: This is not an exhaustive list. Hospital and health system names were compiled from recent credit rating reports and are listed in alphabetical order.

1. Coral Gables-based Baptist Health South Florida has an "AA-" rating and stable outlook with S&P. The system maintained key balance sheet metrics and generated better-than-projected financial results in fiscal year 2016, according to S&P.

2. Christiana Care Health Services has an "Aa2" rating and stable outlook with Moody's. The Wilmington, Del.-based system has solid liquidity and a history of above average financial performance, according to Moody's.

3. Dallas-based Methodist Health has an "Aa3" rating and stable outlook with Moody's. The system has a low debt burden and strong balance sheet measures, according to Moody's.

4. Madison-based University of Wisconsin Hospital and Clinics has an "Aa3" rating and stable outlook with Moody's. The system has strong balance sheet resources and established clinical and academic market positions, according to Moody's.

5. WellSpan Health has an "Aa3" rating and stable outlook with Moody's. The York, Pa.-based system has a strong and broadening market position and a track record of healthy financial performance, according to Moody's.

More articles on healthcare finance:

CHS to sell 25 hospitals as net loss swells to $1.7B in 2016
Allina Health's nursing strike costs reached $149M in 2016
6 latest hospital credit downgrades

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

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars