9 health systems with strong finances

Keep in mind: This is not an exhaustive list. Hospital and health system names were assembled from credit rating reports and are noted in alphabetical order.

Here are nine health systems with strong functional metrics and solid monetary positions, according to reports from Fitch Ratings, Moodys Investors Service and S&P Global Scores.

1. Aspen (Colo.) Valley Health District has an “Aa2” rating and stable outlook with Moodys. The district, which consists of a 25-bed medical facility, has a upscale and big tax base in Pitkin County (Colo.), and it has a historically favorable operating performance, Moodys said..

South Bend, Ind.-based Beacon Health System has an “AA-” score and stable outlook with Fitch. Beacon is the severe care leader in its northern Indiana service area and has a track record of strong operating margins, Fitch said.

3. Carle Foundation, a three-hospital system based in Urbana, Ill., has an “AA-” score and steady outlook with Fitch. The health system has an extremely strong financial profile, and Fitch anticipates it to sustain successful operating margins after managing through the pandemic..

4. Saint Joseph, Mo.-based Mosaic Health System has an “AA-” rating and steady outlook with Fitch. The health system is a market leader in a multicounty service area and has a performance history of strong operating outcomes, Fitch stated. The credit score firm expects Mosaic will sustain strong operating margins and keep healthy liquidity and leverage metrics, regardless of the pressure of the COVID-19 pandemic..

Tacoma, Wash.-based MultiCare Health System has an “Aa3” ranking and stable outlook with Moodys and an “AA-” ranking and stable outlook with Fitch. The credit score agency expects MultiCare to return to more powerful operating outcomes after recovering from disruptions related to the COVID-19 pandemic.

6. San Diego-based Rady Childrens Hospital and Health Centers has an “Aa3” rating and stable outlook with Moodys. The healthcare facility has a reputation for scientific quality, and its unlimited money reserves have grown considerably for many years, Moodys stated..

7. Arlington-based Texas Health Resources has an “Aa2” rating and stable outlook with Moodys. The health system has a strong money position and cash steps, Moodys stated. The credit score firm stated the health system will likely recuperate from income decreases in financial 2020 linked to the pandemic..

8. Iowa City-based University of Iowa Hospitals and Clinics has an “Aa2” rating and stable outlook with Moodys. It is the only academic medical center in Iowa and has conservative balance sheet management and strong client need, Moodys stated. The credit score company anticipates the health system to rebound to more normalized operating levels after difficulties of the COVID-19 pandemic..

9. Yale New Haven (Conn.) Health has an “AA-” rating and steady outlook with S&P, an “AA-” ranking and steady outlook with Fitch and an “Aa3” ranking and stable outlook with Moodys. The health system has a leading market position in Connecticut, strong brand recognition and historically strong operating money circulation margins, Moodys stated..

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South Bend, Ind.-based Beacon Health System has an “AA-” rating and stable outlook with Fitch. Saint Joseph, Mo.-based Mosaic Health System has an “AA-” rating and steady outlook with Fitch. Tacoma, Wash.-based MultiCare Health System has an “Aa3” rating and stable outlook with Moodys and an “AA-” ranking and stable outlook with Fitch. San Diego-based Rady Childrens Hospital and Health Centers has an “Aa3” score and stable outlook with Moodys. Yale New Haven (Conn.) Health has an “AA-” score and steady outlook with S&P, an “AA-” ranking and stable outlook with Fitch and an “Aa3” rating and steady outlook with Moodys.

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