Close Menu
Douglas NowDouglas Now
  • Home
  • News
  • Sports
  • Community
  • Opinion
  • Obituaries
  • At Home with Pam
  • Contact
What's Hot

Douglas Now LIVE • October 21, 2025

October 21, 2025

DPD officers investigate suspicious death

October 21, 2025

31-year-old arrested for allegedly stealing spray paint can from auto shop

October 21, 2025
Facebook Instagram YouTube TikTok
Trending
  • Douglas Now LIVE • October 21, 2025
  • DPD officers investigate suspicious death
  • 31-year-old arrested for allegedly stealing spray paint can from auto shop
  • Board of Realtors, SGSC baseball team recognizes local Miracle League players
  • Coffee County man arrested for alleged violent home invasion, assault on elderly victim
Facebook YouTube Instagram TikTok Pinterest
Douglas NowDouglas Now
  • Home
  • News
  • Sports
  • Community
  • Opinion
  • Obituaries
  • At Home with Pam
  • Contact
Facebook YouTube Instagram TikTok
Douglas NowDouglas Now
Home»News»CRMC bond rating raised, outlook elevated
News

CRMC bond rating raised, outlook elevated

SubmittedBy SubmittedSeptember 8, 20160 Views
Facebook Twitter LinkedIn WhatsApp Email Copy Link
Follow Us
Facebook YouTube Instagram TikTok
Photo courtesy, coffeeregional.org
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Standard & Poor Global Ratings raised its long-term bond rating and elevated the financial outlook to positive on the Coffee County Hospital Authority, tax exempt revenue bonds, issued for Coffee Regional Medical Center Inc.

S&P Global Ratings analyst Aamna Shah said “We assessed CRMC’s financial profile as adequate based on sustained improvement in most key metrics since fiscal 2013. More specifically, operating margins in the past two years have been  robust compared with prior years as a result of operational improvements led by management. We anticipate that financial performance will remain in line with recent results because of the improvements evident in CRMC’s operating performance. Furthermore, CRMC has improved its balance sheet materially over the past year.”

S & P states the positive outlook reflects the agency’s view that CRMC is well positioned to continue to post margins in line with recent history due to operational improvements implemented by management. The outlook further reflects the expectation that management will continue implementation of cost control initiatives which may result in sustained improvements to operations and the balance sheet.

“This improved bond rating and outlook are the result of the outstanding efforts of our entire team. Every day and each caregiver, physician, and volunteer works to assure we operate in a cost-effective and efficient way by focusing on our purpose and strategic plan. Each of us at CRMC assures that we consistently provide high-quality, cost effective health care to the patients we serve,” said Vicki Lewis, CRMC President and CEO.

– Submitted

Share. Facebook Twitter Pinterest LinkedIn Email Copy Link
Douglas Now Profile Pic
Submitted

Related Posts

Douglas Now LIVE • October 21, 2025

October 21, 2025

DPD officers investigate suspicious death

October 21, 2025

31-year-old arrested for allegedly stealing spray paint can from auto shop

October 21, 2025

Comments are closed.

Top Posts

Convicted child molester allegedly gets drunk, lends truck to girlfriend, forgets and reports it stolen, then gets arrested for failure to register

February 19, 202574,323 Views

18 bodies in various states of decomposition found at funeral home during eviction process

October 27, 202468,082 Views

Dollar General employees catch 58-year-old female allegedly trying to pay for merchandise with movie money

August 27, 202567,120 Views

Cream Cheese Pound Cake

November 11, 202446,347 Views
RSS Latest Headlines from Fox News
  • Selective outrage: Trump, Democrats mainly denounce the other side’s scandals
  • Car rams into White House barricade, suspect arrested: officials
  • Convicted felon federally charged after threatening Atlanta airport while armed with AR-15 rifle
  • Trump celebrates White House demolition as new ballroom rises: ‘Music to my ears’
  • Giants release kicker Jude McAtamney after game-changing extra point miss with seconds left
Follow us on Social Media!
  • Facebook
  • YouTube
  • Instagram
  • TikTok
  • Pinterest
Facebook Instagram YouTube TikTok Pinterest
  • Home
  • News
  • Sports
  • Community
  • Opinion
  • Obituaries
  • At Home with Pam
  • Contact
© 2025 Coffee County Broadcasters, LLC. All Rights Reserved.

Newell Media

Type above and press Enter to search. Press Esc to cancel.