The rating revision is based on a number of factors, including TUHS’ higher maximum annual debt service.
Fitch also affirmed the “BB+” rating on TUHS’ following bonds:
- $302.9 million of series 2012A and 2012B bonds
- $203.99 million of series 2007A and 2007B bonds
More articles on healthcare finance:
Kaiser operating income jumps 85% to $672M
Quorum Health adds 6 more hospitals to sale pipeline
Final site-neutral payment rules create uncertainty around HOPD lease agreements