Fitch affirms ‘A+’ rating on PeaceHealth’s revenue bonds

Image result for peacehealth

Fitch Ratings affirmed its “A+” rating on Vancouver, Wash.-based PeaceHealth’s outstanding debt, affecting a total of $477 million of debt.

The affirmation is a result of several factors, including PeaceHealth’s strong market position, geographic diversity, favorable liquidity metrics and improved debt service coverage. Fitch also acknowledged the health system’s upcoming capital spending and recovering operating performance following an EMR implementation.

The outlook is stable.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.