Franciscan Missionaries of Our Lady Health System, LA Revenue Bond Rating Outlook Revised To Stable From Negative - S&P Global Ratings’ Credit Research

Franciscan Missionaries of Our Lady Health System, LA Revenue Bond Rating Outlook Revised To Stable From Negative

Franciscan Missionaries of Our Lady Health System, LA Revenue Bond Rating Outlook Revised To Stable From Negative - S&P Global Ratings’ Credit Research
Franciscan Missionaries of Our Lady Health System, LA Revenue Bond Rating Outlook Revised To Stable From Negative
Published May 29, 2024
2 pages (1015 words) — Published May 29, 2024
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

AUSTIN (S&P Global Ratings) May 29, 2024--S&P Global Ratings revised the outlook to stable from negative and affirmed its 'A' long-term rating and underlying rating (SPUR) on Franciscan Missionaries of Our Lady Health System (FMOLHS), La.'s various revenue bonds. "The outlook revision reflects our view of FMOLHS' significant improvement in operating performance supporting a robust balance sheet, along with stabilized market shares and the removal of expansion risk through a refocused concentration on existing markets," said S&P Global Ratings credit analyst Kay Sifferman.

  
Brief Excerpt:

...May 29, 2024 AUSTIN (S&P Global Ratings) May 29, 2024--S&P Global Ratings revised the outlook to stable from negative and affirmed its 'A' long-term rating and underlying rating (SPUR) on Franciscan Missionaries of Our Lady Health System (FMOLHS), La.'s various revenue bonds. "The outlook revision reflects our view of FMOLHS' significant improvement in operating performance supporting a robust balance sheet, along with stabilized market shares and the removal of expansion risk through a refocused concentration on existing markets," said S&P Global Ratings credit analyst Kay Sifferman....

  
Report Type:

Ratings Action

Issuer
Franciscan Missionaries of Our Lady Health System
Sector
Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Franciscan Missionaries of Our Lady Health System, LA Revenue Bond Rating Outlook Revised To Stable From Negative" May 29, 2024. Alacra Store. May 02, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Franciscan-Missionaries-of-Our-Lady-Health-System-LA-Revenue-Bond-Rating-Outlook-Revised-To-Stable-From-Negative-3187656>
  
APA:
S&P Global Ratings’ Credit Research. (). Franciscan Missionaries of Our Lady Health System, LA Revenue Bond Rating Outlook Revised To Stable From Negative May 29, 2024. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Franciscan-Missionaries-of-Our-Lady-Health-System-LA-Revenue-Bond-Rating-Outlook-Revised-To-Stable-From-Negative-3187656>
  
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