The rating comes as the healthcare organization’s operating income remains resilient in the face of industry pressures and debt levels declining meaningfully in recent years.
Fitch noted potential risks to leverage levels if Tenet’s capital allocation “prove overly aggressive through large, debt-funded acquisitions,” the report said.
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.
