The double-'A'-minus rating on the Maryland Health and Higher Educational Facilities Authority's bonds, issued for Johns Hopkins Hospital (JHH), a 977-licensed-bed hospital, reflects JHH's excellent medical staff, very strong market position, growing patient utilization, and reputation as one of the leading academic medical centers in the world. JHH is frequently cited by independent sources for its excellence in patient care, teaching, and research. JHH is the flagship hospital of JHHS, which includes 331-licensed-bed Johns Hopkins Bayview Medical Center Inc., 233-licensed-bed Howard County General Hospital Inc., and many other health-related subsidiaries. The series 2001 bonds are secured by the revenue of JHH, a member of the Johns Hopkins Health System (JHHS) Corp. JHH is affiliated with Johns Hopkins University (JHU; double-'A').