Fitch affirms ‘A’ rating on Edward-Elmhurst Healthcare

Fitch Ratings affirmed its “A” rating on Edward-Elmhurst (Ill.) Health’s bonds, affecting $405 million of outstanding debt.

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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.

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