Buffalo, NY— Catholic Health is pleased that Moody’s Investors Service has upgraded its rating from B3 to B2, reflecting the system’s continued improvement in operating performance and liquidity.
The upgrade recognizes strong revenue growth across the organization, including growing market share in Niagara County with the opening of Lockport Memorial Hospital and the successful receipt of significant FEMA grants, which have further strengthened Catholic Health’s financial position.
“This upgrade from Moody’s underscores the positive momentum across Catholic Health,” said David Macholz, Chief Financial Officer. “It reflects the dedication of our teams, the trust of our patients, and our ongoing commitment to delivering high-quality care while maintaining strong financial stewardship.”
Catholic Health remains focused on advancing its mission and ensuring long-term sustainability to meet the healthcare needs of all the communities it serves.
