Bbb jacksonville florida

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The Outlook revision to Negative reflects significant operating pressure that resulted in UFH-J generating a negative 2. The current year losses reflect the high use of agency staffing, reduced supplemental payments, and revenue cycle challenges, as well as other industry wide supply chain and inflationary pressures. While the weak financial profile might suggest a below investment grade rating, Fitch's criteria allows for the possibility that ratings will fall outside the suggested rating category outcome if factors are present that are not otherwise adequately captured in Fitch's Key Credit Drivers. However, given recent operating pressures and the very constrained balance sheet, there is no room at the current rating level for further deterioration, which is captured in the Negative Outlook. UFH-J is fundamental to the strategic development of UF's College of Medicine and the university's goal to continue to enhance the profile of its academic health system. Longer term, Fitch expects that UFH-J's operating margins will return to levels reasonably consistent with its track record prior to FY24, but will still be consistent with 'weak' operating cost flexibility.

Bbb jacksonville florida

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Bbb jacksonville florida

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You have previously claimed ownership and removed the profile for: You can contact us at [email protected] with any questions. Better Business Bureau has been in business for approximately 37 years. Enter company name Op. US Public Finance. Start a new search. View larger map Get directions. UFH-J's average age of plant remains high at Terms of Use. Close more deals in less time. While these ratios are weak for the rating category, Fitch views UFH-J as integral to the overall UF system and benefitting from overall system resources and the financial flexibility that comes with being part of a large, financially sound academic medical center.

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