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RATING Fitch affirms Mayers Memorial Hospital District (CA)'s bonds at 'BBB'; Outlook stable

By Fitch Ratings  
   October 14, 2022

The affirmation of 'BBB' ratings reflects MMHD's historically strong operating performance, with a track record of generating double digit EBITDA margins. The hospital also benefits from tax revenues that Fitch includes as additional operating cash flow, which bolster's Fitch's calculations for profitability margins.

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