AVRMC

AcronymDefinition
AVRMCArkansas Valley Regional Medical Center
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The Stable Rating Outlook reflects Fitch's expectation that AVRMC will continue to effectively manage expenses and will meet its budgeted 1.
AVRMC covenants to disclose only annual financial information by filing with Digital Assurance Certification, LLC.
The Stable Rating Outlook reflects Fitch's opinion that AVRMC will continue to operate at or above breakeven with a relatively low debt burden, solid liquidity, and strong debt service coverage.
AVRMC has not entered into any swap arrangements, and it has no debt plans in the near term.
AVRMC captures more than 70% market share in its primary service area (PSA), which includes Otero and Bent Counties.
The high dependence on governmental payors, representing about 60% of gross revenues, is a risk as its exposes AVRMC to potential legislative reimbursement cutbacks.
The high dependence on governmental payors, representing over 60% of gross revenues, is a risk as it exposes AVRMC to potential legislative reimbursement cutbacks.