Listed here are 10 well being techniques with robust operational metrics and strong monetary positions, in keeping with stories from credit standing companies Fitch Rankings and Moody’s Buyers Service.
Observe: This isn’t an exhaustive listing. Well being system names had been compiled from credit standing stories.
1. Ascension has an “AA+” ranking and steady outlook with Fitch. The St. Louis-based system’s ranking is pushed by a number of components, together with a robust monetary profile evaluation, nationwide measurement and scale with a major market presence in a number of key markets, which produce distinctive credit score options not usually seen within the sector, Fitch stated.
2. ChristianaCare has an “Aa2” ranking and steady outlook with Moody’s. The Newark, Del.-based system has a singular place with the state’s largest educating hospital and intensive scientific depth that affords robust regional and statewide market seize, and it’s anticipated to return to close pre-pandemic stage margins over the medium-term, Moody’s stated.
3. Dayton (Ohio) Kids’s Hospital has an “AA-” and steady outlook with Fitch. The ranking displays the hospital’s very wholesome liquidity place and sound working efficiency regardless of pandemic-related expense pressures, Fitch stated.
4. Hackensack Meridian Well being has an “AA-” ranking and steady outlook with Fitch. The Edison, N.J.-based well being system has proven constant year-over-year will increase in market share and has a strong liquidity place, Fitch stated.
5. Johns Hopkins Drugs has an “AA-” ranking and steady outlook with Fitch. The Baltimore-based system has a robust monetary position as a serious supplier within the central Maryland and Washington, D.C., market, supported by its wonderful scientific popularity with a regional, nationwide and worldwide attain, Fitch stated.
6. Parkview Well being has an “Aa3” ranking and steady outlook with Moody’s. The Fort Wayne, Ind.-based system has a number one market place with expansive tertiary and quaternary scientific companies in Northeastern Indiana and Northwestern Ohio, Moody’s stated.
7. Rady Kids’s Hospital has an “AA” ranking and steady outlook with Fitch. The San Diego-based hospital has a really robust steadiness sheet place and working efficiency and can also be a number one supplier of pediatric companies within the rising metropolis and tri-county service space, Fitch stated.
8. Salem (Ore.) Well being has a “AA-” ranking and steady outlook with Fitch. The ranking displays a “very robust” monetary profile and a number one market share place, Fitch stated. The flagship Salem Hospital, a 567-bed facility, is the one hospital within the metropolis of Salem.
9. ThedaCare has an “AA-” ranking and steady outlook with Fitch. The Neenah, Wis.-based system has a centered technique, robust monetary profile and sturdy market share, Fitch stated.
10. TriHealth has an “AA-” ranking and steady outlook with Fitch. The ranking displays the Cincinnati-based system’s robust monetary and working profiles, in addition to its broad attain, high-acuity companies and steady market place in a extremely fragmented and aggressive market, Fitch stated.