Nicklaus Children’s Health System Achieves Upgraded and Reaffirmed Ratings from Both Fitch and Standard and Poor’s

Published on: 05/06/2024

Nicklaus Children's Health System this month received an upgraded AA- bond rating with Stable outlook from Fitch Ratings and a reaffirmed A rating with an improved Positive outlook from Standard and Poor's.

"The continued strength of our credit and outlook ratings is a testament to our organization's dedication to advancing our pediatric care leadership in the region," said Matthew A. Love, President and CEO. "It reflects the hard work of our entire health system family and our shared focus on optimizing patient care, the well-being of employees, operational fundamentals and strategic growth."

The health system, which includes a nonprofit 307-bed freestanding children's hospital and an expansive network of pediatric outpatient centers extending throughout South Florida, was recognized by the rating agencies for its position as the premier pediatric hospital in South Florida. It was also recognized for its leading and growing market share, an expanding ambulatory footprint and growing hospital affiliations in the region.