Raised ratings
S&P rating: AA-
Outlook: Stable
Moody’s rating: A1
Outlook: Positive
National rating agencies Standard & Poor’s and Moody’s raised their ratings of the VCU Health System in 2011, citing the organization’s solid business position as the only academic medical center in Central Virginia.
They also noted a strong trend of stable operating performance over the past several years, a wide regional draw with exclusive high-end acute care clinical services in the Richmond area, a strong management team, a significant campus investment with the more recent completion of the Critical Care Hospital and, counter to national trends, solid inpatient, outpatient and surgical volume growth in recent years.
