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Valley News - D-H keeps 'A' financial rating


D-H keeps ‘A’ financial rating
Staff Report
Modified: 12/24/2020 3:47:30 PM
LEBANON The credit rating agency Fitch Ratings has reaffirmed its ‘A’ rating for Dartmouth-Hitchcock Obligated Group, but downgraded its outlook from “positive” to “stable” amid the COVID-19 pandemic, according to a news release.
The D-H group includes Dartmouth-Hitchcock Medical Center in Lebanon and associated clinics in southern New Hampshire; Alice Peck Day Memorial Hospital in Lebanon; Cheshire Medical Center in Keene, N.H.; Mt. Ascutney Hospital and Health Center in Windsor; and New London Hospital.
Fitch, in its Dec. 23 release, pointed to the D-H health system’s “strong market position” and “high acuity patient mix” as reasons for affirming the ‘A’ rating, demonstrating that the agency has confidence in D-H’s ability to recover from the pandemic and see through its capital spending plans. ....

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