Fitch revises Mount Nittany Medical Center's outlook to stable

Fitch Ratings has revised State College, Pa.-based Mount Nittany Medical Center's outlook to stable from positive.

Fitch has also assigned an "A" rating to approximately $60.7 million of 2016A bonds and $18.3 million of series 2016B bonds issued by the Centre County Hospital Authority on behalf of Mount Nittany Medical Center.

The rating assignment is based on a number of factors, including MNMC's strong financial profile, leading market position and improved debt position.

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