Fitch Ratings has assigned an "A+" rating to Holland (Mich.) Community Hospital's $39.2 million of series 2016A bonds and $36.7 million of series 2013A bonds.
The rating assignment is based on a number of factors, including HollandCommunityHospital's balance sheet strength, leading local market position and strong operating profitability.
The outlook is stable.
More hospital outlook and credit rating actions:
Fitch assigns 'AA-' ratings to Providence St. Joseph Health's bonds
Fitch assigns 'A-' rating to Marshfield Clinic Health System's bonds
Moody's reinstates rating on OSF Healthcare System's bonds