Business Editors/Health/Medical Writers
SAN FRANCISCO--(BUSINESS WIRE)--Oct. 16, 2003
Not-for-Profit Hospital System Posts Dramatic Financial Improvement
while Increasing Patient and Employee Satisfaction Scores
Catholic Healthcare West (CHW), the largest Catholic hospital system in the western United States and the largest not-for-profit system in California, announced today that Moody's Investors Service has upgraded the organization's bond rating to Baa1 from Baa2.
CHW also announced today that Standard & Poors has revised its outlook on CHW's bond from stable to positive.
The rating upgrade and outlook revision apply to approximately $2.2 billion ...