Skip to Main Content

CommonSpirit's latest bond ratings

Posted in: Featured home

After members of CommonSpirit Health's Executive Leadership and Finance teams met in Chicago this past fall with representatives of the three major bond rating agencies to present and discuss a financial review and outlook for the organization, Moody’s has upgraded CommonSpirit’s rating to A3 stable, while both S&P and Fitch have maintained our A- stable outlook.

"We are encouraged by this news and the positive trends in performance that underpin it," said CommonSpirit Chief Financial Officer Dan Morissette. "In the past year we grew our volume and revenue, while dramatically improving our quality and patient satisfaction scores. Our operating environment remains challenging, but the support, innovation and collaboration demonstrated by all of our people gives us reason for cautious optimism that’s amplified by these ratings."

Publish date: 

Friday, March 01, 2024

News/blogs Dynamic Tiles Heading

CommonSpirit Health Announces Plans to Expand In-House GPO

APR 04, 2024

CommonSpirit Health, one of the nation's largest nonprofit health systems, is excited to announce its plans to grow its internal Group Purchasing Organization (GPO) – Edgewise. Edgewise is CommonSpirit Health’s in-house GPO.

Read More Additional information about CommonSpirit Health Announces Plans to Expand In-House GPO

CommonSpirit Health Announces Launch of Internal AI Assistant, Insightli

MAR 14, 2024

Designed to streamline workflows and create highly customized assets in an instant, Insightli empowers CommonSpirit to create unique resources and solutions without sharing private information outside of the system.

Read More Additional information about CommonSpirit Health Announces Launch of Internal AI Assistant, Insightli

CommonSpirit Health released financial results for its fiscal year 2024 second quarter ended Dec. 31.

FEB 15, 2024

CommonSpirit Health released financial results for its fiscal year 2024 second quarter ended Dec. 31, 2023. The results show improvement on a year-to-date basis versus prior year, driven in large part by higher volume levels.

Read More Additional information about CommonSpirit Health released financial results for its fiscal year 2024 second quarter ended Dec. 31.