Becker's Healthcare December 30, 2025
After a multiyear turnaround marked by major divestitures and restructuring, Toledo, Ohio-based ProMedica has regained investment-grade credit ratings from both Moody’s and S&P Global in 2025.
The system was twice upgraded by Moody’s — most recently on Dec. 16 — and now has a “Baa3” rating and positive outlook with the agency. S&P upped ProMedica’s rating two notches to “BBB-” on Dec. 22.
ProMedica President and CEO Arturo Polizzi said the upgrades are a validation of the hard work his team has put in over the past several years. When he took over as CEO in 2022, the system devised the turnaround plan, underwent corporate restructuring and divested from several noncore business lines.
“We really wanted to return to...
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