TUHS's liquidity profile and leverage metrics have modestly improved over the past five years.
FINANCIAL PERFORMANCE AND NET LEVERAGE: Fitch expects TUHS's profitability will remain soft but in line with historic performance.
TUHS is a Philadelphia based healthcare system, whose flagship medical center is Temple University Hospital (TUH), a 732-bed teaching hospital in North Philadelphia.
In addition to TUH, TUHS is the parent company sole member of Jeanes Hospital (Jeanes), American Oncologic Hospital dba Fox Chase Cancer Center (Fox Chase), Temple Health System Transport Team (Temple Transport), Temple Physicians, Inc.
Additionally, TUHS is in the process of absorbing Temple University Physicians, currently an unincorporated division of the Lewis Katz School of Medicine, into a new subsidiary corporation called Temple Faculty Practice Plan.
TUHS operates in the highly competitive southeastern Pennsylvania healthcare market, with its flagship medical center (TUH) located in the economically challenged north Philadelphia area.
The southeastern Pennsylvania health insurance market is dominated by Independence Blue Cross and Aetna health plans, with both accounting for most of TUHS's managed care revenues.
Given TUHS's large medical assistance population and critical community-based clinical programs, they receive additional financial support.
TUHS operates in the highly competitive southeastern Pennsylvania healthcare market, with its flagship hospital (TUH) located in the economically challenged north Philadelphia area.
TUHS will modernise its radiological imaging equipment with state-of-the art technology from GE, while also benefiting from enhancements, including data storage and retrieval, service contract consolidation and consultation to optimise scheduling and workflow efficiency.
Also, this strategic arrangement between TUHS and GE Healthcare applies to the radiology departments at Temple University Hospital's Main, Episcopal and North-eastern campuses, Fox Chase Cancer Centre and Jeanes Hospital.
Temple University Health System (TUHS) is an academic health system dedicated to providing access to quality patient care and supporting excellence in medical education and research.