S&P assigns 'A' rating to Edward-Elmhurst Healthcare's bonds

S&P Global Ratings assigned an "A" rating to Naperville, Ill.-based Edward-Elmhurst Healthcare's series 2016A bonds.

S&P also affirmed the "A" underlying rating on EEH's series 2008A and 2008B-1, 2008B-2, 2008C and 2009A bonds.

"The ratings reflect our view of EEH's improved operational performance, stable leadership team and respectable average age of plant," said S&P analyst Brian Williamson.

The outlook is stable, reflecting S&P's expectation that EEH will be able to maintain its strong financial profile despite budgeting for softer operations in fiscal year 2017.

More articles on healthcare finance:
Paramedics Plus, ETMC partner with EMS|MC for billing
RCM tip of the day: Update proprietary forms with new ICD-10 codes
Seattle firm receives $250M to co-develop hospitals, nursing homes in China 

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

 

Featured Whitepapers

Featured Webinars