b'CONCORD HOSCPOITNACLO ARNDN H S RNU A L A IO|NANNDA A CA TT ONH 83UOALPRIETPAOL ATN| RFEFPIOLRATT I S FI NCI RLE DSI RAETNIGT SJust after the acquisition, theWe are not here to make as much Hospital went to the debt marketmoney as we possibly can, Sloane said.3.2THIS FISCAL YEARto borrow funds for capitalWe are here to make money in orderWE HAD Aimprovements. After reviewingto reinvest, to be fi nancially sustainable the exhaustive plan to integrate alland to be here for the community of the health systems operations,long into the future. Thats why we talk credit rating agencies Moodysabout our operating margin of two PERCENTInvestor Servicesto four percent,*and Fitch Ratingswith a target at continued the three percent. Hospitals currentThat means we are ratingsA2 (Moodys)spending 97 cents and AA- (Fitch)withof every dollar we a stable outlook.bring in on what The agencies basedwe do, which their confi dence onis taking care the Hospitals strongof patients. nancial history and filong record of setting appropriate goalsand achieving them. They essentially affirmed that they believe us, and now we need to prove it, and thats what we are going to do, Sloane said. The plan is bolstered by 28 years of positive operating performance based on a strong and resilient organizationWe have 28 years of positive and employeesand a commitment to the community, he said.operating performance based on a strong and resilient organization and employees and a commitment to the community. ^Scott SloaneCONCORD HOSPITAL SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER * October 1, 2020September 30, 2021'