Fitch affirms 'AA' rating on FirstHealth of the Carolinas

Fitch Ratings affirmed its "AA" rating on Pinehurst, N.C.-based FirstHealth of the Carolinas, affecting approximately $41.4 million of debt.

At the same time, Fitch assigned its "AA" issuer default rating to FirstHealth.

The affirmation and assignment are based on several factors, including FirstHealth's strong market position, favorable payer mix and stable financial profile. Fitch also acknowledged the health system's modest operating profitability.

The outlook is stable.

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