Fitch affirms ‘BBB’ rating on Martin County Hospital District’s bonds

Fitch Ratings affirmed the “BBB” rating on Stanton, Texas-based Martin County Hospital District’s $19.5 million of series 2011A and series 2011B combination limited tax and revenue bonds.

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The ratings agency also removed the hospital district from ratings watch evolving.

The ratings affirmation is based on a number of factors, including the hospital district’s tax revenue base, which provides flexibility, and its critical access designation.

The outlook is stable.

More articles on healthcare finance:
S&P raises rating on Baptist Health’s bonds to ‘AA’
Moody’s affirms ‘Baa2’ rating on Jupiter Medical Center’s bonds
Moody’s affirms ‘Aa3’ rating on Mercy Health’s bonds

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