Fitch upgrades Norton Healthcare's rating to 'A+'

Fitch Ratings upgraded Louisville, Ky.-based Norton Healthcare's outstanding debt to "A+" from "A," affecting about $525 million of revenue bonds.

Concurrently, Fitch assigned its "A+" issuer default rating to Norton Healthcare.

The upgrade and assignment are based on several factors, including Norton's strong market share, strong operating results and favorable liquidity metrics.

The outlook is stable.

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