Fitch affirms 'BBB' rating on Methodist Hospitals' revenue bonds

Fitch Ratings affirmed its "BBB" rating on Gary, Ind.-based The Methodist Hospitals' series 2014A revenue refunding bonds issued by the Indiana Finance Authority.

The affirmation is a result of several factors, including TMH's stable operating margins, favorable debt burden and potential new partnership with Indianapolis-based Franciscan Health. Fitch also acknowledged the hospital's unfavorable payer mix.

The outlook is stable. 

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

 

Featured Whitepapers

Featured Webinars