Nicklaus Children's Health System this month received an upgraded AA- bond rating with a Stable outlook from Fitch Ratings and a reaffirmed A rating with an improved Positive outlook from Standard and Poor’s.
“The continued strength of our credit and outlook ratings is a testament to our organization’s dedication to advancing our pediatric care leadership in the region,” said Matthew A. Love, President and CEO. “It reflects the hard work of our entire health system family and our shared focus on optimizing patient care, the well-being of employees, operational fundamentals and strategic growth.”
The health system, which includes a nonprofit 307-bed freestanding children's hospital and an expansive network of pediatric outpatient centers extending throughout South Florida, was recognized by the rating agencies for its position as the premier pediatric hospital in South Florida. It was also recognized for its leading and growing market share, an expanding ambulatory footprint and growing hospital affiliations in the region.
About Nicklaus Children's Hospital, Where Children Matter Most ™ (2024)
Nicklaus Children's Hospital is South Florida's #1 nonprofit, freestanding specialty licensed hospital exclusively for children. With more than 850 physicians, including over 500 pediatric subspecialists, the hospital and its network of outpatient centers and offices serve close to 70% of children in the Miami market. The only hospital "where your child matters most™,” Nicklaus Children's is home to the region's most advanced Kenneth C. Griffin Surgical Tower, and its centers of excellence Helen & Jacob Shaham Cancer & Blood Disorders Institute, the Nicklaus Children’s Orthopedics, Sports Health and Spine Institute, Nicklaus Children’s Brain Institute and Nicklaus Children’s Heart Institute. The Nicklaus Children's Hospital's Transfer Center, Nick4Kids, and LifeFlight are responsible for transporting and saving close to 5,000 lives a year. Our 307-bed hospital, which is renowned for excellence in all aspects of pediatric medicine, has many specialty programs routinely ranked among the best in the nation by U.S. News & World Report since 2008. Nicklaus Children's is also home to the largest pediatric teaching program in the southeastern United States and since 2003 has been designated an American Nursing Credentialing Center (ANCC) Magnet facility, the nursing profession's most prestigious institutional honor. For more information, please visit www.nicklauschildrens.org.