Moody’s revised its outlook for the hospital from negative to stable, citing the hospital’s 62 percent market share, operating-performance and liquidity-balance improvements, and favorable debt-coverage ratios.
But Moody’s said the hospital faces challenges from an increasing Medicaid population, competition from other hospitals and a flat or declining local population.
Read Crain’s Cleveland Business‘ report on Akron Children’s Hospital.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.