The ratings on Cuyahoga County, Ohio and Geauga County, Ohio, issued for University Hospitals Health System Inc. (University Hospitals of Cleveland), Ohio reflect this regional health system's strong market position and utilization trends; excellent medical staff with a large 124 physician primary care group known as University Hospitals Primary Care Physicians Practice with offices in eight counties; and very strong financial performance with an excess income of $42.7 million ( 5.7%) recorded on revenues of $719.7 million in the fiscal year ended Dec. 31, 1996 and over $364 million of cash and unrestricted funds providing 195 days' cash on hand. In addition, leverage is low with a 35% debt to capital ratio in fiscal 1996. Interim unaudited results for the
