Main Line Health System, PA Debt Rating Outlook Revised To Negative From Stable On Unfavorable Operating Performance - S&P Global Ratings’ Credit Research

Main Line Health System, PA Debt Rating Outlook Revised To Negative From Stable On Unfavorable Operating Performance

Main Line Health System, PA Debt Rating Outlook Revised To Negative From Stable On Unfavorable Operating Performance - S&P Global Ratings’ Credit Research
Main Line Health System, PA Debt Rating Outlook Revised To Negative From Stable On Unfavorable Operating Performance
Published Dec 02, 2021
3 pages (1579 words) — Published Dec 02, 2021
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

CENTENNIAL (S&P Global Ratings) Dec. 2, 2021--S&P Global Ratings revised its outlook to negative from stable and affirmed its 'AA' long-term rating on Chester County Health&Education Facilities Authority, Pa.'s outstanding bonds, issued for Main Line Health System (MLH). MLH is the parent company of Main Line Health. "The outlook revision reflects our view of MLH's unfavorable operating performance that is inconsistent with peers at the current rating level," said S&P Global Ratings credit analyst Alexander Nolan. The health system generated an operating loss through the fiscal 2022 interim period ended Sept. 30, 2021, due to elevated staffing and supply costs as well as higher length of stay and throughput challenges. Latest expectations from management indicate that operations could

  
Report Type:

Ratings Action

Issuer
Main Line Health System
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Main Line Health System, PA Debt Rating Outlook Revised To Negative From Stable On Unfavorable Operating Performance" Dec 02, 2021. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Main-Line-Health-System-PA-Debt-Rating-Outlook-Revised-To-Negative-From-Stable-On-Unfavorable-Operating-Performance-2765178>
  
APA:
S&P Global Ratings’ Credit Research. (). Main Line Health System, PA Debt Rating Outlook Revised To Negative From Stable On Unfavorable Operating Performance Dec 02, 2021. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Main-Line-Health-System-PA-Debt-Rating-Outlook-Revised-To-Negative-From-Stable-On-Unfavorable-Operating-Performance-2765178>
  
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