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Check Credit Rating (AXcess News) San Francisco - Catholic Healthcare West, the non-profit hospital system, reported a strong year in income, reporting a net income of $348 million for the year ended June 30.
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Improve Credit Rating Operating income for the not-for-profit hospital system in FY05 was $202 million compared to an operating income of $150 million in FY04.
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Credit Online Rating Report CHW will reinvest its 3.4% operating margin in hospital improvements, technology enhancements, community health programs, such as subsidies for poor and uninsured patients seeking care at CHW hospitals, and employee benefits -- including an employer-paid dependent health care option that ensures both employees and their families have health insurance coverage.
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Credit Score Rating Scale "This is the fifth consecutive year in which we have exceeded our prior year's operating performance," said Lloyd H. Dean, CHW's president/chief executive officer. "These results are testimony to the continuing strength of CHW's healing ministry and to the excellent care and service delivered each day by our employees, physicians, and volunteers."
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Bad Card Credit Credit People During fiscal year 2005, all three major bond rating agencies -- Standard & Poor's, Fitch Ratings, and Moody's Investor Services -- upgraded CHW's bonds to "A-", reflecting significant confidence by bondholders in the organization's present operations and its future.
Free Credit Rating Report Catholic Healthcare West (CHW), headquartered in San Francisco, CA, is a system of 40 hospitals and medical centers in California, Arizona and Nevada. Founded in 1986, it is one of the nation's largest not-for-profit health care systems and the largest Catholic health care system based in the Western United States.
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