Fitch affirms 'A-' rating for Lake Hospital System

Fitch Ratings affirmed its "A-" issuer default rating for Painesville, Ohio-based Lake Hospital System, now known as Lake Health.

The rating reflects the system's strong financial profile, attributable to its position as the leading provider in a competitive Lake County service area. Lake Health's new partnership to build a hospital in Beachwood, Ohio, will provide the system with new revenue opportunities and growth prospects.

The rating outlook has been revised from negative to stable.

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