Piedmont Columbus Regional is proud to announce that S&P Global Ratings, a major corporate ratings agency, has issued an upgrade to Columbus Regional Healthcare System, now Piedmont Columbus Regional, to an A+ with a stable outlook. The prior rating had been BBB-.
 
The upgrade reflects an application submitted after the March 1, 2018 affiliation agreement between Columbus Regional and Piedmont Healthcare, whereby Piedmont became the sole and controlling member of Columbus Regional. Factors considered in the assessment include Columbus Regional’s status as the third hub that enhances Piedmont’s statewide coverage, a $280 million eight-year capital commitment by Piedmont to invest in Columbus Regional, the close association with the Piedmont brand and the stated goal to restructure Columbus Regional’s debt under Piedmont’s credit in the upcoming year.
 
Similar to an individual’s credit score, an organization’s credit rating with firms like S&P Global Ratings are one indication of the financial health of an organization and offer opinions about a company’s credit risk.