Financial Management

Fitch affirms ‘BBB-‘ rating on Hurley Medical Center’s revenue bonds

Fitch Ratings affirmed its “BBB-” rating on Flint, Mich.-based Hurley Medical Center’s series 2010, series 2013A and series 2013B, affecting a total of $84.1 million of debt.

Alia Paavola

Tuesday, November 7th, 2017

The affirmation is a result of several factors, including the medical center’s maintained profitability, improved liquidity metrics and manageable debt burden. Fitch also acknowledged the Hurley Medical Center’s highly competitive market and unfavorable payer mix.

The outlook is stable.

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