Franciscan Missionaries Of Our Lady Health System, LA Bond Rating Outlook Revised To Positive On Improved Balance Sheet - S&P Global Ratings’ Credit Research

Franciscan Missionaries Of Our Lady Health System, LA Bond Rating Outlook Revised To Positive On Improved Balance Sheet

Franciscan Missionaries Of Our Lady Health System, LA Bond Rating Outlook Revised To Positive On Improved Balance Sheet - S&P Global Ratings’ Credit Research
Franciscan Missionaries Of Our Lady Health System, LA Bond Rating Outlook Revised To Positive On Improved Balance Sheet
Published Mar 18, 2022
2 pages (1060 words) — Published Mar 18, 2022
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Abstract:

BOSTON (S&P Global Ratings) March 18, 2022--S&P Global Ratings revised the outlook to positive from stable and affirmed its 'A' long-term rating on Franciscan Missionaries of Our Lady Health System (FMOLHS), La.'s outstanding debt. "The outlook revision reflects FMOLHS' balance sheet, which is in line with a higher rating level, and our expectation that financial performance will remain positive and continue to improve more in line with pre-pandemic levels," said S&P Global Ratings credit analyst Matthew O'Connor. In addition, FMOLHS has continued successfully with its integration efforts at recently acquired St. Dominic's and Women's and Children's Hospital (WCH), which we expect will continue over the outlook period.

  
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MLA:
S&P Global Ratings’ Credit Research. "Franciscan Missionaries Of Our Lady Health System, LA Bond Rating Outlook Revised To Positive On Improved Balance Sheet" Mar 18, 2022. Alacra Store. May 20, 2024. <http://www.alacrastore.com/s-and-p-credit-research/Franciscan-Missionaries-Of-Our-Lady-Health-System-LA-Bond-Rating-Outlook-Revised-To-Positive-On-Improved-Balance-Sheet-2811668>
  
APA:
S&P Global Ratings’ Credit Research. (). Franciscan Missionaries Of Our Lady Health System, LA Bond Rating Outlook Revised To Positive On Improved Balance Sheet Mar 18, 2022. New York, NY: Alacra Store. Retrieved May 20, 2024 from <http://www.alacrastore.com/s-and-p-credit-research/Franciscan-Missionaries-Of-Our-Lady-Health-System-LA-Bond-Rating-Outlook-Revised-To-Positive-On-Improved-Balance-Sheet-2811668>
  
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