Fitch Ratings has upgraded the rating on Tampa (Fla.) General Hospital's bonds issued through Tampa, Fla.-based Hillsborough County Industrial Development Authority from "A-" to "A". The bonds are as follows:
- $37 million of series 2013A hospital revenue refunding bonds
- $161.7 million of series 2012A hospital revenue refunding bonds
- $177.2 million of series 2006 hospital revenue bonds
The rating upgrade was based on a number of factors, including TGH's strong liquidity, improved profitability and solid market position in a competitive area.
The outlook is stable.