Ascension has been recognized by healthcare industry publication Becker’s Hospital CFO for its excellent financial stewardship and strong management practices.
Becker’s notes that Ascension has achieved a financial rating of “Aa2” and stable outlook from Moody’s Investors Service, an “AA+” rating and stable outlook from Fitch Ratings, and an “AA+” rating and stable outlook from Standard & Poor’s Ratings Services.
Ascension has a broad operating platform, strong management practices and consistent profitability, Becker’s quotes Fitch as saying.
“The assessment by Becker’s and the rating agencies reflects the hard work and dedication of associates, caregivers and providers across our integrated national health ministry to be responsible stewards of the resources entrusted to us,” said Tony Speranzo, Chief Financial Officer for Ascension. “Ascension’s management and operational excellence are vitally important in allowing us to fulfill our Mission of delivering compassionate, personalized care to all, with special attention to persons living in poverty and those most vulnerable.”
Ascension is the first of five health systems noted in the Becker’s article.
