Fitch Ratings affirmed its "AA-" rating on University of Chicago Medical Center's bonds, affecting $750 million of debt.
Concurrently, Fitch assigned its "AA-" issuer default rating to UCMC.
The affirmation and assignment are based on several factors, including UCMC's broad reach for high-acuity services, strong capital-related ratios and close ties to University of Chicago. Fitch also acknowledged the UCMC's highly competitive service area.
The outlook is stable.