Fitch Ratings has affirmed its "BBB+" bond rating and issuer default rating for Lenox, Ill.-based Silver Cross Health System.
The affirmation reflects Fitch's expectation that continued strong operating profitability and moderate capital needs will allow Silver Cross to continue to build cash and improve financial profile metrics. The rating also reflects Silver Cross' leading market position in a stable service area.
The rating outlook has been revised from stable to positive.