Fitch affirms South Shore Hospital's bond rating

Fitch Ratings has affirmed the "A-" rating assigned to $17.3 million in series 1999F revenue bonds and $10.7 million in series 1992D revenue bonds issued on behalf of South Shore Hospital in South Weymouth, Mass.

The rating affirmation was supported by a number of factors, including SSH's solid operating footprint in South Weymouth, with approximately half of the inpatient market share in its primary service area.

The hospital also faces some challenges, which were considered for the rating affirmation, such as an improving but elevated debt burden. 

 

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