Becker's Healthcare December 9, 2024
Here are 10 health systems that recently had their outlooks upgraded by Fitch Ratings or Moody’s Investors Service.
Note: This is not an exhaustive list. Health systems were compiled from credit rating reports.
1. Columbia, Mo.-based Boone Health’s rating was raised to stable from negative. The revision reflects strengthening operating performance, which will support liquidity following several years of cash flow challenges and unrestricted cash and investment losses, Moody’s said. Boone Health has a “B1” rating with Moody’s.
2. Fort Myers, Fla.-based Lee Health’s outlook was raised to positive from stable by Moody’s. The revision reflects strong revenue growth and operating performance, Moody’s said. Lee Health has an “A2” rating with Moody’s.
3. Loma Linda (Calif.) Health’s outlook was...