Standard and Poor's Rates Nicklaus Children's Health System A+
Published on: 6/29/2018
MIAMI – Nicklaus Children's Health System (NCHS) has once again received an A+ bond rating from Standard and Poor's credit rating agency. The health system, which includes a 289-bed freestanding children's hospital and a growing network of pediatric outpatient centers, was also recognized by the agency as having a stable fiscal outlook for the future.
“This affirmed positive rating signifies our continued commitment to the patients and families we serve. Our strong financial position in the marketplace enables us to further our mission to increase access to quality care for children in an efficient and effective way,” said Tim Birkenstock, Chief Financial Officer for Nicklaus Children's Health System.
Nicklaus Children's is financially evaluated on an annual basis and has been rated A+ consecutively for the last several years. This year, the health system opened two new urgent care facilities in the Hialeah and Homestead communities, bringing to 14 the total number of Nicklaus outpatient centers serving Miami-Dade, Broward and Palm Beach counties. These service expansions exemplify NCHS's commitment to meeting the care needs of children throughout the region. For more information about Nicklaus Children's Health System and its flagship, Nicklaus Children's Hospital, please visit www.nicklauschildrens.org.
About Nicklaus Children's Hospital, Where Your Child Matters Most ™ (2025)
For 75 years, Nicklaus Children's has stood as a beacon of hope for children and families across the state of Florida and beyond. Nicklaus Children's Hospital is South Florida's #1 nonprofit, freestanding specialty licensed hospital exclusively for children serving close to 70 percent of children in the Miami metropolitan community. In addition, Nicklaus Children's offers care within NCH North Hospital in Naples, Jupiter Medical Center's De George Pediatric Unit and select Baptist Health Hospital pediatric emergency units. The hospital and its network of more of nearly 35 outpatient care locations offer lifesaving care in in Miami-Dade, Broward, Martin, and Palm Beach counties. These outpatient locations include an array of urgent care, pediatric primary care, and subspecialty care centers and are either hospital-based or outpatient locations under Nicklaus Children's Pediatric Specialists, LLC (NCPS). Providing a pipeline of future physicians and groundbreaking research, Nicklaus Children's is an academic and clinical affiliate of Florida International University Herbert Wertheim College of Medicine. Nicklaus Children's is home to centers of excellence including the Helen & Jacob Shaham Cancer & Blood Disorders Institute, the Nicklaus Children's Orthopedic, Sports Medicine and Spine Institute, Nicklaus Children's Neuroscience Institute and Nicklaus Children's Heart Institute. The 325-bed hospital is renowned for excellence in all aspects of pediatric medicine, with many programs routinely ranked among the nation's best by U.S. News & World Report since 2008. Nicklaus Children's also includes a nonprofit physician practice subsidiary with over 40 specialties, and an ambulatory surgery center.
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