Fitch Ratings affirmed its "BBB" rating on Miami Jewish Health System's series 2017 bonds, affecting $43.7 million of debt.
The affirmation is a result of several factors, including the health system's wide service offerings for the elderly, adequate debt service coverage and solid liquidity metrics. Fitch also acknowledged the health system's challenging payer mix with 67 percent Medicare and Medicaid patients.
The outlook is stable.