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Home > Mercy News > Standard & Poor’s affirms “A” level credit rating with stable outlook to Mercy
Published on August 29, 2018
Standard & Poor’s Global Ratings 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 Mercy Care Management, Inc., physician practices and the Mercy Medical Center Foundation.
This positive credit rating reflects Mercy’s financial performance for fiscal year 2017 and the hospital’s success in maintaining a strong balance sheet position while investing in service lines and physician recruitment as 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.