Fitch Ratings affirmed its "A" rating on Edward-Elmhurst (Ill.) Health's bonds, affecting $405 million of outstanding debt.
Concurrently, Fitch assigned its "A" issuer default rating to Edward-Elmhurst.
The affirmation and assignment are based on several factors, including the health system's healthy market share, favorable payer mix, manageable capital needs and strong capital-related ratios. Fitch unfavorably viewed the health system's competitive service area and compressed margins in recent years.
The outlook is stable.