Fitch Ratings assigned its "BBB+" issuer default rating to Jupiter (Fla.) Medical Center.
Concurrently, Fitch affirmed its "BBB+" rating on JMC's series 2013A bonds, affecting $38 million of debt.
The assignment and affirmation are based on several factors, including the medical center's dominant inpatient market share in its primary service area, good liquidity position and solid operating performance.
The outlook is stable.