The rating affirmation was based on a number of factors, including FCGH’s market position as a tertiary healthcare system with five hospitals. The system’s unrestricted cash and investments increased to $242.7 million in fiscal year 2014, which also supported the rating affirmation.
The system faces some challenges, which were considered for the rating affirmation, such as experiencing weakened operating performance in fiscal years 2013 and 2014.
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