• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Small Hospitals Demonstrate Financial Strength Jan 99 Product Image

Small Hospitals Demonstrate Financial Strength Jan 99

  • ID: 2083080
  • January 1999
  • Standard & Poors

FEATURED COMPANIES

  • Alabama
  • Flagstaff
  • Jonesboro
  • Michigan
  • Montrose Mem Hosp
  • Russell Corp.
  • MORE

Abstract
Selected small hospitals continue to demonstrate investment-grade characteristics, with most maintaining market share and profitability despite the increasingly competitive health care environment. Small hospitals display generally stronger financial ratios than comparably rated hospitals in the overall health care pool, with higher liquidity, lower leverage, and greater profitability. Smaller hospitals need greater financial resources to reach investment grade to offset several risks inherent in their small business base, including: A small population base from which to draw patients, Typically rural service areas with limited economic diversification, Reliance on a small medical staff, Out-migration to larger hospitals, A narrower range of services than larger facilities, and Volatility in admissions and outpatient procedures volumes. As a result of these limitations, ratings for small...

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings READ MORE >

Note: Product cover images may vary from those shown

- Wichita
- Flagstaff
- Phoenix
- Jonesboro
- Minnesota
- Michigan
- Kentucky
- St. Paul
- Alabama
- Arizona
- Kansas
- Prairie Lakes Hlth Care Sys
- Huron Regl Med Ctr
- Ryder Mem Hosp
- Brattleboro Mem Hosp
- Russell Hospital Corporation
- Montrose Mem Hosp
- Regina Med Ctr
- Russell Corp.
- Hillsdale Comnty Hlth Ctr
- Monadnock Comnty Hosp
- Summit Healthcare Regl Med Ctr

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS