Fitch places DeKalb Medical Center’s certificates on Rating Watch Negative

Fitch Ratings placed Decatur, Ga.-based DeKalb Medical Center’s “BBB-” rated $177.6 million of series 2010 revenue anticipation certificates on Rating Watch Negative.

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The rating watch assignment was based on a number of factors, including the medical center’s weaker than expected financial performance and negative adjustments to its accounts receivable and net patient revenue following an audit.

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