9 hospitals with strong finances

Note: This is not an exhaustive list. Healthcare facility and health system names were put together from credit ranking reports and are listed in alphabetical order.

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

St. Louis-based Ascension has an “AA+” score and steady outlook with Fitch. The system has a strong financial profile and a considerable existence in numerous crucial markets, Fitch said.

2. Phoenix-based Banner Health has an “AA-” ranking and steady outlook with Fitch and S&P. Banners monetary profile is strong, even considering the marketplace volatility that took place in the first quarter of this year, Fitch said. The credit rating firm expects the system to continue to enhance operating margins and to create capital adequate to sustain strong key financial metrics..

Cincinnati-based Bon Secours Mercy Health has an “AA-” ranking and stable outlook with Fitch. The health system has a great payer mix, a leading position in numerous of its markets and appropriate margins to support its development, Fitch said.

4. Kids Hospital of Philadelphia has an “Aa2” score and steady outlook with Moodys and an “AA” rating and steady outlook with S&P. The hospital has a strong market position and healthy liquidity, Moodys said. The credit rating firm anticipates CHOPs market position and brand equity will support its recovery from interruption triggered by COVID-19..

5. Milwaukee-based Childrens Wisconsin has an “Aa3” ranking and steady outlook with Moodys and an “AA” score and stable outlook with S&P. The health system has strong capital margins, Moodys stated. The credit score firm expects the health systems monetary performance to remain strong, given its commanding market presence and need for services..

6. Philadelphia-based Main Line Health has an “AA” ranking and steady outlook with Fitch. The credit rating firm anticipates the systems operations to recover after the COVID-19 pandemic and for it to resume its track record of strong operating money circulation margins..

7. Midland-based MidMichigan Health has an “AA-” ranking and steady outlook with Fitch. The system has actually produced healthy operational levels through financial year 2020, and Fitch anticipates it to continue creating strong capital..

8. Columbus, Ohio-based Nationwide Childrens Hospital has an “Aa2” rating and stable outlook with Moodys. The system has a strong market position in pediatric services in Columbus and the broad main Ohio area, and its innovative research study capabilities will support volume recovery from disruption brought on by COVID-19, Moodys said. The credit ranking firm anticipates Nationwide Childrens margins to stay strong and for cost management initiatives and volume healing to drive improvements..

Phoenix-based Banner Health has an “AA-” ranking and steady outlook with Fitch and S&P. Cincinnati-based Bon Secours Mercy Health has an “AA-” ranking and steady outlook with Fitch. Childrens Hospital of Philadelphia has an “Aa2” ranking and steady outlook with Moodys and an “AA” ranking and stable outlook with S&P. Milwaukee-based Childrens Wisconsin has an “Aa3” rating and steady outlook with Moodys and an “AA” score and steady outlook with S&P. Philadelphia-based Main Line Health has an “AA” ranking and steady outlook with Fitch.

Chicago-based Northwestern Memorial HealthCare has an “Aa2” ranking and stable outlook with Moodys. The health system had strong pre-COVID margins and liquidity, Moodys said.

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