Becker's Healthcare October 21, 2024
Here are five health systems that had their outlooks upgraded by Fitch Ratings or Moody’s Investors Service since Sept. 26:
Note: This is not an exhaustive list. Health systems were compiled from credit rating reports
1. Moody’s upgraded Cincinnati-based Bon Secours Mercy Health’s outlook to positive from stable. The revision reflects the system’s operating improvement at a faster pace than previously anticipated, Moody’s said. Bon Secours has an “A2” rating with Moody’s.
2. Moody’s upgraded Cincinnati-based Christ Hospital Health Network’s outlook to positive from stable. The raised outlook reflects that the system will continue on a path of measured operating performance improvement and that liquidity will grow given manageable capital needs and continuing strategic support from the Elizabeth...