Fitch affirms Doctors Community Hospital’s ‘BB+’ rating

Fitch Ratings has affirmed the “BB+” rating on Lanham, Md.-based Doctors Community Hospital’s following bonds:

Advertisement

  • $81.7 million of series 2010 fixed rate bonds
  • $58.1 million of series 2007A fixed rate bonds

The rating affirmation is based on several factors, including DCH’s positive financial trend and improving debt service coverage.

Offsetting these strengths are DCH’s weak liquidity and high debt burden.

The outlook is stable.

More articles on healthcare finance:
Missouri resident releases video about healthcare coverage gap
South Nassau Communities Hospital nearly halfway to fundraising goal for ED expansion
Montana hospital to implement loan program, improve billing statements

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.