Fitch upgrades NewYork-Presbyterian Brooklyn Methodist Hospital's rating to 'A'

Fitch Ratings upgraded the rating on New York City-based NewYork-Presbyterian Brooklyn Methodist Hospital's series 2014 to "A" from "A-," affecting $25.95 million of debt.

Concurrently, Fitch assigned its "A" issuer default rating to the hospital.

The upgrade and assignment are based on several factors, including the hospital's solid market position, favorable operating performance and growing unrestricted liquidity.

The outlook is stable.  

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