S&P assigns 'AA-' rating to Lexington Medical Center's bonds

S&P Global Ratings has assigned an "AA-" rating to West Columbia, S.C.-based Lexington Medical Center's series 2016 revenue bonds.

The rating assignment is based on a number of factors, including LMC's dominant market share in its primary service area, rising patient usage and solid management team.

The outlook is stable, reflecting LMC's strong debt service coverage and the strengthening of its operations.

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