Fitch affirms ‘BBB+’ rating on Valley Medical Center’s bonds

Fitch Ratings affirmed the “BBB+” rating on Renton, Wash.-based Valley Medical Center’s outstanding revenue bonds and removed the bonds from rating watch evolving.

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Alyssa Rege

The ratings affirmation is based on a number of factors, including the medical center’s pressured operating performance and its strategic alliance with Seattle-based University of Washington Medicine.

The outlook is stable.

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