Fitch affirms 'BBB' rating on Parrish Medical Center's bonds

Fitch Ratings affirmed the "BBB" rating on Titusville, Fla.-based Parrish Medical Center's $29.6 million of series 2008 revenue refunding bonds and removed the medical center from rating watch evolving.

The ratings affirmation is based on a variety of factors, including the medical center's weak operating performance, reduced but good liquidity position and solid market position.

The outlook is negative.

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