Fitch affirms ‘BBB+’ rating on Carson Tahoe Health System’s bonds

Fitch Ratings affirmed the “BBB+” rating on Carson City, Nev.-based Carson Tahoe Health System’s following bonds:

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  • $43,960,000 of series 2012 bonds
  • $11,540,000 of series 2005 bonds
  • $36,870,000 of series 2003B bonds

The rating affirmation is based on a number of factors, including the health system’s leading market position, moderate debt burden and revenue concentration.

The outlook is stable.

More articles on healthcare finance:
Moody’s assigns ‘Baa1’ to Community Hospitals of Central California’s bonds
Fitch affirms ‘A-‘ rating on Butler Health System’s bonds
Moody’s downgrades Charleston Area Medical Center’s rating to ‘Baa1’

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