Standard & Poor’s assigns A-level credit rating with stable outlook to Mercy
Standard & Poor’s Rating Services has affirmed and assigned an "A" credit rating with stable outlook to Mercy Medical Center. The credit analysis factors the financial performance of Mercycare Service Corporation and related organizations such as MercyCare Management, Inc., physician practices and the Mercy Medical Center Foundation.
This positive credit rating reflects Mercy’s strong financial performance for fiscal year 2015, as well as the hospital’s success in consistently meeting or surpassing budget targets identified through a multi-year strategic plan.
Last fiscal year, Mercy also received an "A" rating with stable outlook from Standard & Poor’s; Moody’s Investors Service affirmed Mercy’s strong A2 credit rating, with a stable outlook.