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A Statement from President and CEO, Eric Dickson, MD, Regarding UMass Memorial’s Upgraded Bond Ratings

WORCESTER, Mass. – We are excited that two separate bond rating agencies have improved our standing and returned UMass Memorial Health Care to investment grade status - after two-years in a lower rated category. The news this week from Moody’s Investor Services and Fitch Ratings clearly demonstrate our turnaround as an organization. These higher ratings, among other things, give us the flexibility to make more strategic decisions and to make improvements to our facilities, technology and services to advance the cause of patient-centered care. None of this would be possible without the help and support of our caregivers. Their embracing of our idea system and fostering a culture of inclusion where everyone is empowered to make a difference everyday helped the system to work more collaboratively and efficiently. My hat is off to our employees. This is their accomplishment.

 

About UMass Memorial Health Care

UMass Memorial Health Care is the largest not-for-profit health care system in Central Massachusetts with more than 12,900 employees and 1,670 physicians, many of whom are members of UMass Memorial Medical Group. Our member hospitals and entities include UMass Memorial – Clinton Hospital, UMass Memorial – HealthAlliance Hospital, UMass Memorial – Marlborough Hospital, UMass Memorial Medical Center and UMass Memorial – Community Healthlink, our behavioral health agency. With our teaching and research partner, the University of Massachusetts Medical School, our extensive primary care network and our cancer, diabetes, heart and vascular, orthopedic and surgery programs, UMass Memorial delivers safe, high-quality and compassionate care.

 

To find a physician in your community, call 855-UMASS-MD (855-862-7763).

 

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