Fitch also removed the hospital district from rating watch evolving.
The ratings downgrade is based on a number of factors, including the district’s high debt burden and notable operating pressures.
The outlook is stable.
More articles on healthcare finance:
Moody’s assigns ‘A1’ rating to Carilion Clinic’s bonds
4 things to know about Integra Connect’s value-based RCM service
Florida lawmakers settle on $521M in state hospital funding cuts for FY 2017-18
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