Fitch issued the affirmation as a result of Tenet’s favorable operating profile, its recently announced restructuring plans and its acquisition of United Surgical Partners International.
Fitch warned about regulatory uncertainty, Tenet’s weak cash flow and high leverage.
The outlook is stable.
More articles on transactions/valuations:
TriStar Greenview Regional Hospital breaks ground on ASC: 4 points
Kleiman | Evangelista Eye Center changes hands — 4 key notes
Cincinnati Eye Institute opens new ASC: 5 things to know
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