S&P Global Ratings affirms ‘A’ Credit Rating with a stable outlook for Ochsner Health

Release Date: Oct. 25, 2023

NEW ORLEANS – S&P Global Ratings affirmed its ‘A’ Credit Rating with a stable outlook for Ochsner Clinic Foundation d/b/a Ochsner Health (Ochsner). S&P Global Ratings issued a report on October 23, 2023 that reflected continued confidence in Ochsner’s finances, leadership and strength.

According to S&P Global Ratings’ report, some of the key factors that led to affirming the rating and outlook included:

  • Statewide presence in Louisiana and the Gulf region with an integrated delivery system, good physician alignment and innovative partnerships across the state
  • A forward-looking, well-tenured management team that has demonstrated capabilities of managing reimbursement risk, focus on clinical improvement and disciplined operating actions
  • Ongoing investments in physician growth and technology innovation for improvement in care delivery models


“Our ‘A’ rating from S&P Global Ratings highlights the results we are seeing from our team’s efforts across the organization to work differently and embrace the future of healthcare,” said Pete November, CEO, Ochsner Health. “Our physicians, leaders and employees are dedicated to the communities we serve, and we are well-positioned to continue leading the way for clinical excellence and innovation across the Gulf South.”

About Ochsner Health

Ochsner Health is the leading nonprofit healthcare provider in the Gulf South, delivering expert care at its 46 hospitals and more than 370 health and urgent care centers. For 13 consecutive years, U.S. News & World Report has recognized Ochsner as the No. 1 hospital in Louisiana. Additionally, Ochsner Children’s has been recognized as the No. 1 hospital for kids in Louisiana for four consecutive years. Ochsner inspires healthier lives and stronger communities through a combination of standard-setting expertise, quality and connection not found anywhere else in the region. In 2024, Ochsner Health cared for more than 1.6 million people from every state in the nation and 63 countries. Ochsner’s workforce includes more than 40,000 dedicated team members and over 4,900 employed and affiliated physicians. To learn more about how Ochsner empowers people to get well and stay well, visit https://www.ochsner.org/.