19 hospitals with strong finances

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

Here are 19 health centers and health systems with strong functional metrics and solid monetary positions, according to reports from Fitch Rankings, Moodys Investors Service and S&P Global Scores.

1. Minneapolis-based Allina Health has an “AA-” score and stable outlook with Fitch. The health system has a strong financial profile and is the intense care leader in the broad Twin Cities metro area, Fitch said. The credit ranking company said Allinas proven capability to rebound rapidly from operating obstacles supports the steady outlook..

2. St. Louis-based Ascension has an “AA+” ranking and steady outlook with Fitch and an “Aa2” ranking and steady outlook with Moodys. The system has a strong financial profile and a substantial presence in numerous key markets, Fitch stated. The credit rating company expects Ascension will continue to produce healthy operating margins..

3. Phoenix-based Banner Health has an “AA-” rating and stable outlook with Fitch and S&P. Banners monetary profile is strong, even taking into account the market volatility that happened in the first quarter of this year, Fitch said. The credit ranking company expects the system to continue to enhance running margins and to create capital sufficient to sustain strong essential monetary metrics..

4. Cincinnati-based Bon Secours Mercy Health has an “AA-” score and steady outlook with Fitch. The health system has a good payer mix, a leading position in several of its markets and adequate margins to support its development, Fitch said. The credit score agency anticipates the system to keep strong operating success..

5. Kids Healthcare of Atlanta has an “Aa2” rating and steady outlook with Moodys. The system has strong operating margins and is the leading pediatric provider in the Atlanta area, Moodys said. The credit rating firm expects Childrens Healthcare of Atlanta to continue to generate robust margins and maintain remarkable liquidity while going through a new school growth project..

Milwaukee-based Childrens Wisconsin has an “Aa3” rating and steady outlook with Moodys and an “AA” rating and steady outlook with S&P. The health system has strong cash flow margins, Moodys said.

Kids Hospital of Philadelphia has an “Aa2” rating and steady outlook with Moodys and an “AA” rating and steady outlook with S&P. The medical facility has a strong market position and healthy liquidity, Moodys said.

8. Cincinnati Childrens Hospital has an “Aa2” rating and steady outlook with Moodys. The medical facility has a dominant market position, a global and national credibility in medical care and research study, and it ranks amongst the leading independent childrens medical facilities in the U.S., Moodys stated. The credit ranking firm expects the medical facilitys ongoing cost management to reduce extended volume recovery from the pandemic and strong demand to ultimately drive margin improvement..

Houston Methodist has an “AA” ranking and steady outlook with S&P. The system, which consists of an academic medical center and six community medical facilities, has a strong business profile and a history of exceptional margins and cash flow, S&P said.

La Crosse, Wis.-based Gundersen Health System has an “AA-” ranking and stable outlook with Fitch. The health system has regularly strong operating efficiency, strong balance sheet metrics and a low financial obligation burden, Fitch said.

11. Indianapolis-based Indiana University Health has an “Aa2” rating and stable outlook with Moodys and an “AA” score and stable outlook with Fitch. The 16-hospital system had strong pre-COVID-19 margins and liquidity, which will help take in a short-term decrease in performance due to the pandemic, Moodys said. The credit score company expects IU Health to maintain strong margins and strong liquidity..

Lurie Childrens Hospital of Chicago has an “AA” score and steady outlook with Fitch. The hospital has strong historic success and a modest debt position, Fitch said.

13. Philadelphia-based Main Line Health has an “AA” rating and stable outlook with Fitch. The credit score company anticipates the systems operations to recuperate after the COVID-19 pandemic and for it to resume its track record of strong operating capital margins..

14. Midland-based MidMichigan Health has an “AA-” rating and stable outlook with Fitch. The system has actually generated healthy functional levels through fiscal year 2020, and Fitch anticipates it to continue producing strong cash circulation..

Columbus, Ohio-based Nationwide Childrens Hospital has an “Aa2” ranking and steady outlook with Moodys. The system has a strong market position in pediatric services in Columbus and the broad central Ohio region, and its advanced research capabilities will support volume recovery from disturbance caused by COVID-19, Moodys said.

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.

17. Broomfield, Colo.-based SCL Health has an “AA-” rating and steady outlook with Fitch and an “Aa3” rating and stable outlook with Moodys. The system has a performance history of extraordinary operations, consistent improvement in unrestricted liquidity levels and substantial monetary versatility, Fitch stated. The credit rating agency stated SCL Health is well placed to manage the pressures of COVID-19, having developed up money reserves..

San Diego-based Scripps Health has an “AA” ranking and steady outlook with Fitch and an “Aa3” rating and stable outlook with Moodys. The credit rating agency anticipates Scripps will continue generating operating levels that are consistent with historical patterns following healing from the pandemic.

19. San Diego-based Sharp HealthCare has an “Aa3” rating and stable outlook with Moodys and an “AA” ranking and steady outlook with S&P. The health system has a healthy financial profile, an exceptional balance sheet, a solid business position and is the leading provider in a competitive service location, S&P stated. The credit rating company stated the systems financial efficiency has stayed stable despite COVID-19 and the recession..

St. Louis-based Ascension has an “AA+” rating and steady outlook with Fitch and an “Aa2” ranking and stable outlook with Moodys. Childrens Hospital of Philadelphia has an “Aa2” score and steady outlook with Moodys and an “AA” rating and steady outlook with S&P. Indianapolis-based Indiana University Health has an “Aa2” ranking and steady outlook with Moodys and an “AA” score and steady outlook with Fitch. Broomfield, Colo.-based SCL Health has an “AA-” rating and stable outlook with Fitch and an “Aa3” rating and steady outlook with Moodys. San Diego-based Scripps Health has an “AA” score and stable outlook with Fitch and an “Aa3” score and steady outlook with Moodys.

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