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| Brief Excerpt: | ...The 'AA-' rating is driven by Trinity Health's strong financial profile assessment and national size and scope with a significant market presence in multiple states. Fitch Ratings expects longer-term improvements to operating margins that, over time, should enhance Trinity Health's unrestricted liquidity position, as well as fund ongoing capital spending. The Stable Outlook reflects Fitch's expectation that Trinity Health will sustain strong capital related metrics through the cycle in Fitch's forward-looking scenario analysis consistent with the combination of mid-range revenue defensibility and a strong operating risk profile. Trinity Health's financial leverage metrics trail those typical for Fitch's 'AA' credit category, but it has multiple characteristics that support the 'AA-' rating. Trinity Health is one of Fitch's largest multi-state systems, with solid market positions in each of its markets, which disperses risk and reduces dependence on any one location for operational success.... |
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| Company(ies) | Montgomery County Higher Education and Health Authority
, City of Tampa, FL
, St Mary Hospital Authority
, County of Franklin, Ohio
, New Jersey Health Care Facilities Financing Authority
, Massachusetts Health & Educational Facilities Authority
, Iowa Finance Authority
, Idaho Health Facilities Authority
, North Carolina Medical Care Commission
, CONNECTICUT HEALTH & EDUCATIONAL FACILITIES AUTHORITY
, County of Montgomery, MD
, Maryland Health & Higher Educational Facilities Authority
, Indiana Health Facility Financing Authority
, Michigan State Hospital Finance Authority
, California Statewide Communities Development Authority
, The Illinois Finance Authority
, Indiana Finance Authority
, CHE Trinity Health Credit Group
, Michigan Finance Authority
, Ontario Hospital Facility Authority |
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