Fitch affirms 'BBB+' on Erlanger Health System's bonds

Fitch Ratings affirmed its "BBB+" rating on Chattanooga, Tenn.-based Erlanger Health System's series 2014A bonds, affecting $149.9 million of debt.

The affirmation is a result of several factors, including the health system's ability to meet operating performance targets, strong market position as the region's only academic medical center and its manageable debt burden.

The outlook is stable.  

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