Fitch affirms ‘A’ rating on St. Francis Regional Medical Center

Fitch Ratings affirmed its “A” rating on Shakopee, Minn.-based St. Francis Regional Medical Center’s series 2014 revenue bonds, affecting $38 million of debt.

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Concurrently, Fitch assigned its “A” issuer default rating to St. Francis Regional Medical Center.

The affirmation and assignment are based on several factors, including the medical center’s leading market position, favorable payer mix, strong cash flow margins, favorable operating margins and manageable capital spending plans.

The outlook is stable, reflecting Fitch’s expectation that St. Francis Regional Medical Center will maintain its strong financial profile.

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