The rating on Rhode Island Health&Education Facilities Building Corp.'s bonds reflects: * Dominant market position, * Formal affiliation with Care New England Health System (CNE), and * Flexible nonoperating revenue base coupled with a solid liquidity position. Butler Hospital is a 117-bed short-term acute-care psychiatric hospital located in Providence, R.I. Butler is the only major center for adult and adolescent mental health care services in Rhode Island. As a result, it holds the dominant market share position for adult and adolescent psychiatric visits in the state. Butler Hospital joined with Kent County Memorial and Women&Infants Hospital to form CNE. Currently, there are no cross debt guarantees in place between any of the affiliated members. However, CNE
