NASHUA – S&P Global Ratings announced today that it has affirmed an “A-“ rating for Southern New Hampshire Health, continuing the system’s highest rating.

The S&P report reflects the system’s growing patient volumes, stable operating performance, and solid financial profile. S&P noted Southern New Hampshire Health’s stable outlook, recognizing improvement in financial performance.

“We’re excited that S&P has affirmed our A- rating,” said Kenneth Matsis, CFO of Southern New Hampshire Health. “This rating is recognition of the hard work we have put in to improve operating performance and is an indication of our strong financial profile and opportunity for future success.”

Key report findings include:

-Financial Stability: Demonstrates a strong financial profile, with improvement in operating margins, a very healthy debt profile, growing reserves, and a healthy balance sheet, all showing improved earnings.

-Market Position: Growing patient volumes in a competitive marketplace, with further anticipated growth from specialty services and core service areas.

-Operating Performance: Ongoing investments in facility upgrades and technological advancements tied to the heart and vascular center.

-Strong Leadership: Continued focus by management on strategic growth initiatives and targeted improvements in efficiency, throughput, and resource allocation generates financial success.

“This rating acknowledges our strong performance over the past two years,” said Colin McHugh, president and CEO of Southern New Hampshire Health. “S&P’s evaluation of our improved operating trend and strategic growth in core services and expanded access to care shows our commitment to being the top local healthcare provider.”