Fitch Ratings has assigned an "AA" rating to Edgewood, Ky.-based St. Elizabeth Medical Center's series 2016 bonds, affecting approximately $83.7 million.
The rating assignment is based on several factors, including SEMC's strong financial profile and market dominance.
Fitch also affirmed the "AA" rating on SEMC's following bonds:
- $89 million of series 2009A fixed rate bonds
- $31.3 million of series 2009B variable rate bonds
The outlook is stable.