Strong Financial Systems Can Be Possible, According to These Health Systems

In a country where some hospital systems seemingly close overnight, while others thrive, it’s always good to hear about clinics and hospitals that are doing well. Whether they have a large number of insured patients, have taken advantage of the Federal ERISA Appeals system to get their aged claims cleared up, have a good CFO in place, or a combination of two or more of the above, these nine health systems are thriving. It’s time to get yours to follow suit.

Thriving Health Systems

According to sources, there are nine health systems out there that are highly rated financially. They are:

“Portland-based Oregon Health & Science University has an “Aa3” rating and stable outlook with Moody’s and an “AA-” rating and stable outlook with S&P. OHSU, which is the only academic medical center in Oregon, has favorable operating performance, strong philanthropy and its clinical offerings draw patients from across Oregon and neighboring states, according to Moody’s. The credit rating agency expects OHSU’s revenue to continue to grow.”

“Advocate Aurora Health, a 27-hospital system with dual headquarters in Downers Grove, Ill., and Milwaukee, has an “Aa3″ rating and positive outlook with Moody’s. The health system has a favorable liquidity position, low leverage, and healthy margins, according to Moody’s. The credit rating agency expects the health system to continue to benefit from its position as a market leader within two large service areas.”

“Albuquerque, N.M.-based Presbyterian Healthcare Services has an “Aa3″ rating and stable outlook with Moody’s. The health system has strong revenue growth, good market share for acute care services and a favorable balance sheet. The credit rating agency expects the health system’s insurance plan, which is already a dominant health plan in New Mexico, to continue to grow.”

“Philadelphia-based University of Pennsylvania Health System has an “Aa3″ rating and stable outlook with Moody’s. The health system has a strong market position, and substantial investments in facilities will allow the health system to capitalize on its prominent reputation and wide patient draw, according to Moody’s.”

“Chapel Hill-based University of North Carolina Hospitals has an “Aa3″ rating and stable outlook with Moody’s. UNC Hospitals, part of UNC Health Care System, has an excellent market position and strong financial performance, according to Moody’s. The credit rating agency expects UNC Hospitals to continue to grow patient volumes and maintain strong financial performance.”

“Morristown, N.J.-based Atlantic Health System has an “Aa3″ rating and stable outlook with Moody’s. The five-hospital system has healthy liquidity and solid operating margins, according to Moody’s. The credit rating agency expects strong patient volume, low reliance on governmental funding and other factors to continue to support Atlantic Health System’s financial metrics.”

“Fountain Valley, Calif.-based MemorialCare has an “AA-” rating and stable outlook with Fitch and S&P. The health system has a strong balance sheet and financial profile, according to Fitch. The credit rating agency expects MemorialCare’s cash flow to improve due to its market strategy, which focuses on revenue diversification.”

“Livonia, Mich.-based Trinity Health has an “AA-” rating and stable outlook with Fitch and S&P. The health system has a significant market presence in several states and a strong financial profile, according to Fitch. The credit rating agency expects the health system’s operating margins to continue to improve.”

“Appleton, Wis.-based ThedaCarehas an “AA-” rating and stable outlook with Fitch. The health system has solid cash flow and a leading market position in a stable service area, according to Fitch. The credit rating agency expects ThedaCare’s operating performance to continue to improve.”

Improving Your Finances

If you’re ready to see how filing Federal ERISA appeals to clear up your aged claims can help your bottom line, give us a call. You can also fill out the contact form on our website.