Fitch revises South Nassau Communities Hospital’s outlook to negative

Fitch Ratings has revised Oceanside, N.Y.-based South Nassau Communities Hospital’s outlook to negative from stable.

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The outlook revision is based on a number of factors, including increasing capital expenditures and a declining liquidity cushion.

Fitch also affirmed the “A-” rating on SouthNassauCommunitiesHospital’s $84.2 million of series 2012 bonds. The rating affirmation is based on South Nassau’s manageable debt burden.

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