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Fitch affirms Baptist Health Care at 'BBB'; Outlook stable

By Fitch Ratings  
   December 20, 2022

The affirmation of the rating reflects BHCC's leading market share in key service lines within its primary service area of Pensacola, FL, and the expected long-term benefits from BHCC's new greenfield hospital, which is currently under construction and scheduled to open in September 2023. Fitch believes the expected benefits to be provided by the new hospital offset BHCC's thinner financial profile.

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