Summary: Self Regional Healthcare, South Carolina   Greenwood County; Hospital; System - S&P Global Ratings’ Credit Research

Summary: Self Regional Healthcare, South Carolina Greenwood County; Hospital; System

Summary: Self Regional Healthcare, South Carolina   Greenwood County; Hospital; System - S&P Global Ratings’ Credit Research
Summary: Self Regional Healthcare, South Carolina Greenwood County; Hospital; System
Published Jan 31, 2025
5 pages (1783 words) — Published Jan 31, 2025
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings' long-term rating on the series' 2017, 2021, and 2022 tax-exempt revenue refunding bonds, issued by Greenwood County, S.C. for Self Regional Healthcare, is 'A+'. The outlook is stable. Gross receipts of the hospital secure the rated bonds. The rating reflects our view of Self's leading market position in western South Carolina, and its robust balance-sheet metrics. In fiscal years 2023 and 2024, operations were positive and contributed to solid debt service coverage (DSC). The positive performance was partially due to increased supplemental funding from South Carolina's Health Access Workforce and Quality (HAWQ) program. Self acquired and integrated Abbeville Area Medical Hospital, a 25-bed critical access hospital in Abbeville County in October 2023. The integration contributed approximately $2.6

  
Brief Excerpt:

...+ S&P Global Ratings' long-term rating on the series' 2017, 2021, and 2022 tax-exempt revenue refunding bonds, issued by Greenwood County, S.C. for Self Regional Healthcare, is 'A+'. + The outlook is stable....

  
Report Type:

Summary

Issuer
Self Regional Healthcare
Sector
Global Issuers, Public Finance
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: Self Regional Healthcare, South Carolina Greenwood County; Hospital; System" Jan 31, 2025. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Self-Regional-Healthcare-South-Carolina-Greenwood-County-Hospital-System-3317424>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Self Regional Healthcare, South Carolina Greenwood County; Hospital; System Jan 31, 2025. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Self-Regional-Healthcare-South-Carolina-Greenwood-County-Hospital-System-3317424>
  
US$ 225.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.