Fitch affirms ‘BB+’ rating on Wise Health System’s bonds

Fitch Ratings affirmed the “BB+” rating on Decatur, Texas-based Wise Health System’s $93.7 million of series 2014A revenue bonds.

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The ratings affirmation is based on a number of factors, including the health system’s increased profitability, improved liquidity balances and declining debt position.

The outlook has been revised to positive from stable.

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