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Fitch affirms Novant Health IDR at 'AA-'; outlook stable

By Fitch Ratings  
   March 17, 2023

The affirmation of the 'AA-' rating reflects Novant's solid market position that includes acute care hospitals spread across three regions of North Carolina, a large outpatient footprint with 668 physician clinics, strategic partnerships, such as an academic affiliation with University of North Carolina, and growth strategies that deepen its clinical presence in its primary service area (PSA) and expands it to other parts of North Carolina and to states outside of North Carolina.

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