Fitch downgrades HealthEast's rating to 'BB+'

Fitch Ratings has downgraded the rating to "BB+" from "BBB-" on St. Paul, Minn.-based HealthEast Care System's $149.2 million of series 2015A revenue bonds.

The rating downgrade reflects HealthEast's lack of sustained profitability improvements and limited liquidity cushion.

The outlook is stable.

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