Fitch Upgrades Scripps Health to AA with Stable Outlook

Cites strong management team, financial performance

“The Front-Line Leader” book by Chris Van Gorder, CEO of Scripps Health in San Diego, California, is now available.  Notable book reviews were received on Chris’ philosophy of putting people first, his management tips,  and how he successfully implemented what he learned to build strong relationships and a strong organization.  Called the “Best New Leadership Book for 2014” by Eric Jacobson. CEO Chris Van Gorder now has a blog at:

Fitch Ratings has upgraded Scripps Health’s rating to AA from AA-, and affirmed a stable outlook, acknowledging Scripps’ financial performance, market position and management team.

“We are so pleased that Fitch has upgraded our rating and affirmed our outlook,” said Chris Van Gorder, president and CEO of Scripps Health. Fitch’s strong assessment of our organization is validation of all we’ve done to be successful as a business. That success means we’ll continue to fulfill our mission to serve this community now and into the future.”

Fitch said it “believes the maintenance of (Scripps’) strong financial profile in a competitive market reflects its excellent management practices, and the higher rating level is supported despite ongoing industry challenges given the management team’s ability to execute on its strategic initiatives.”

Fitch noted Scripps is “focused on improving quality, reducing costs, minimizing variation, eliminating waste and improving access.”

Learn more about Scripps Health, a nonprofit integrated health system in San Diego, Calif.

Media Contact

Janice Collins

Related tags: