Oconomowoc Memorial Hospital -
[Cached Version]
Published on: 1/13/2002
Last Visited: 1/13/2002
Dan Blask, vice president and chief operating officer of ProHealth Care, Inc., said "This is a very positive reflection of the financial strength of our organization.We have done an excellent job of watching market trends and meeting the healthcare demands of our service area.Our efforts position us for continued growth and financial stability."According to Blask, this continued favorable rating is impressive and reflects the financial community's confidence in the system's strong earnings and significant market presence in Waukesha County and beyond.
According to Moody's, "The rating is attributable to the organization's strong operating performance and leading market share position that has resulted from successful clinic expansion and physician integration strategies.The stable outlook reflects our belief that the system's strategic and financial momentum will continue."Moody's analysts wrote in their review of the deal , "We believe that ProHealth is one of the few organizations nationally that has improved its overall financial profile despite costs associated with its strategy."