8 hospitals with strong finances


http://www.beckershospitalreview.com/finance/8-hospitals-with-strong-finances-051817.html

Here are eight hospitals and health systems with strong operational metrics and solid financial positions according to recent reports from Fitch Ratings, Moody’s Investors Service and S&P Global Ratings.

1. Ann & Robert H. Lurie Children’s Hospital of Chicago has an “AA-” rating and stable outlook with S&P. The credit rating agency believes the hospital will maintain its business position, improved balance sheet and solid cash flow margins.

2. Coral Gables-based Baptist Health South Florida has an “AA-” rating and stable outlook with S&P. The system maintained key balance sheet metrics and generated better-than-projected financial results in fiscal year 2016, according to S&P.

3. Dallas-based Baylor Scott & White Health has an “Aa3” rating and stable outlook with Moody’s. The health system has strong cash flow margins and a favorable business position as the largest nonprofit health system in Texas, according to Moody’s.

4. Christiana Care Health Services has an “Aa2” rating and stable outlook with Moody’s. The Wilmington, Del.-based system has solid liquidity and a history of above average financial performance, according to Moody’s.

5. Kaiser Permanente has an “AA-” rating and stable outlook with S&P. The Oakland, Calif.-based system has a strong enterprise profile with a favorable integrated business model, according to S&P.

6. Albuquerque, N.M.-based Presbyterian Health Services has an “AA” rating and stable outlook with S&P. The system has a solid financial profile and a modest debt load, according to S&P.

7. Madison-based University of Wisconsin Hospital and Clinics has an “Aa3” rating and stable outlook with Moody’s. The system has strong balance sheet resources and established clinical and academic market positions, according to Moody’s.

8. WellSpan Health has an “Aa3” rating and stable outlook with Moody’s. The York, Pa.-based system has a strong and broadening market position and a track record of healthy financial performance, according to Moody’s.

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