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Bellin Health bond rating affirmed 'A'

7:24 PM, Mar. 13, 2013  |  Comments
The new entrance to Bellin Health Oconto Hospital and the Bellin Health Family Medical Center-Oconto will open its doors Monday. Photos by Richard Ryman/Press-Gazette
The new entrance to Bellin Health Oconto Hospital and the Bellin Health Family Medical Center-Oconto will open its doors Monday. Photos by Richard Ryman/Press-Gazette
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Standard & Poor's Rating Service affirmed Bellin Health's long-term bond rating as "A."

The rating indicates the system's financial outlook is stable. S&P said it indicates "Bellin will continue to move forward with its strategic plan and prepare for the effects of the health care reform bill while operating profitably and further strengthening its balance sheet."

Credit ratings give potential buyers of debt securities - such as bonds - an idea of potential risk. Ratings above BBB for Standard & Poor's are considered investment grade. Ratings range from AAA, which is the highest grade, to C, the lowest.

Bellin Health is an integrated health-care delivery system with headquarters in Green Bay. It has more than 3,200 employees and consists of Bellin Hospital, Bellin Psychiatric Center, 26 Bellin Health Family Medical Center clinics and a number of FastCare clinics. It also operates Bellin Health Partners, a speciality physician organization, Bellin Health Oconto Hospital, Bellin Fitness Center and Bellin College.

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