Fitch affirms ‘AA-/F1+’ on MemorialCare Health System’s bonds

Fitch Ratings affirmed the “AA-/F1+” rating on Fountain Valley, Calif.-based MemorialCare Health System’s outstanding debt.

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The ratings affirmation is based on a number of factors, including the health system’s manageable debt burden, strong liquidity and transition to value-based care. The “F1+” rating is based on the health system’s self-liquidity, according to Fitch.

The outlook is stable.

More articles on healthcare finance:
S&P raises rating on Baptist Health’s bonds to ‘AA’
Moody’s affirms ‘Baa2’ rating on Jupiter Medical Center’s bonds
Moody’s affirms ‘Aa3’ rating on Mercy Health’s bonds

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