Fitch assigns 'AA' issuer default rating to BayCare Health System

Fitch Ratings assigned its "AA" issuer default rating to Clearwater, Fla.-based BayCare Health System and affirmed its "AA" rating on approximately $937.2 million of BayCare's revenue bonds.

The assignment and affirmation are a result the health system's dominant market position and strong financial profile, which includes healthy operating results and excellent liquidity metrics.

The outlook is stable.

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