Becker's Healthcare January 15, 2025
Here are six health systems that had their outlooks downgraded by Fitch Ratings or Moody’s Investors Service since Nov. 5:
Note: This is not an exhaustive list. Health systems were compiled from credit rating reports.
Allina Health’s outlook was revised to negative from stable by Moody’s. The revision reflects Moody’s view that despite year-over-year improvement, continued “lackluster” financial performance and elevated capital spending will likely result in the Minneapolis-based system’s days cash on hand and/or cash-to-debt ratio falling below levels consistent with its “A1” rating.
Children’s Hospital Los Angeles’ outlook was revised to negative from stable by Moody’s. The revision reflects the system’s very weak liquidity following delayed state funding and receivables due to the Change Healthcare cyberattack,...
Today's Sponsors
Today's Sponsor