Fitch revises Loma Linda University Medical Center’s outlook to stable

Fitch Ratings has revised Loma Linda (Calif.) University Medical Center’s outlook to stable from negative and assigned a “BB+” rating to its series 2016A bonds, affecting approximately $883 million.

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The outlook revision is based on several factors, including LLUMC’s better operating performance and position as a key player in its market.

Offsetting these strengths are the medical center’s high debt burden and weak liquidity.

More articles on healthcare finance:
S&P assigns ‘A’ rating to Orlando Health’s bonds
Fitch affirms Doctors Community Hospital’s ‘BB+’ rating
Moody’s affirms Roper St. Francis Healthcare’s ‘A3’ rating

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