Fitch affirms 'AA-' rating on Bayhealth Medical Center's bonds

Fitch Ratings affirmed its "AA-" rating on Dover, Del.-based Bayhealth Medical Center's series 2009A revenue bonds issued by the Delaware Health Facilities Authority, affecting $127 million of debt.

The affirmation is a result of several factors, including the medical center's favorable profitability, healthy liquidity measures, strong market position and on track expansion project.

The outlook is stable. 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars