S&P revises Catholic Health System's outlook to stable

S&P Global Ratings has revised the outlook to stable from positive and affirmed the "BBB+" rating on Buffalo, N.Y.-based Catholic Health System and its bonds.

"The revision of the outlook to stable is due largely to CHS' recent pattern of weaker earnings," said S&P analyst Margaret McNamara.

The rating affirmation reflects S&P's view of CHS' improving balance sheet and leading market position.

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

 

Featured Whitepapers

Featured Webinars