Elliot Health gets S&P rating upgrade amid SolutionHealth split

S&P Global Ratings upgraded Elliot Health System's bond rating to "A" from "A-" on Oct. 2, citing sustained operating performance and financial discipline. The Manchester, N.H.-based system, which includes a 296-bed hospital and outpatient facilities, is preparing to disaffiliate from SolutionHealth, the organization it formed with Southern New Hampshire Health in 2018. The upgrade follows a Moody's upgrade to "A2" less than a year earlier and comes as Elliot Health expands service lines including cardiovascular surgery, maternal care, and orthopedics ahead of operating independently.