Fitch Ratings affirmed the "BBB+" rating on Mineola, N.Y.-based NYU Winthrop Hospital's series 2012 revenue bonds, affecting $130 million of debt.
The affirmation is a result of several factors, including the hospital's recent merger with New York City-based NYU Langone Health System, light debt burden and solid market position. Fitch also acknowledged the health system's average operating performance, weak start to fiscal year 2017 and upcoming capital spending.
The outlook is stable.