Fitch affirms ‘BB+’ rating for Temple University Health System

Fitch Ratings affirmed its “BB+” bond rating for Philadelphia-based Temple University Health System and assigned the system a “BB+” issuer default rating.

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The ratings reflect the system’s weak revenue defensibility and operating risk assessments that are reflective of a challenging business environment, characterized by a restrictive payer mix and competitive market.

The rating outlook is stable.

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