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Fitch Updates Recovery Analyses for U.S. For-Profit Hospital Operators


Dec. 14, 2012 14:12 UTC

Fitch Updates Recovery Analyses for U.S. For-Profit Hospital Operators

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has published updated recovery analyses for the U.S. for-profit hospital operators rated below ''BB-'' by Fitch, including:

--Community Health Systems, Inc.;

--HCA Holdings Inc.;

--Tenet Healthcare Corp.

The interactive recovery analysis worksheets are available at ''www.fitchratings.com'' under the following headers:

Rating and Research>>Corporate Finance>>Leveraged Finance>>U.S. Leveraged Finance>>Healthcare Recovery Models

Additional information is available at ''www.fitchratings.com''.

Applicable Criteria and Related Research:

''Corporate Rating Methodology'' Aug. 12, 2012

''Recovery and Notching Criteria for Non-Financial Corporate Issuers'' May 12, 2012

''U.S. Healthcare Stats Quarterly: Second-Quarter 2012'' Oct. 12, 2012

''Hospitals Credit Diagnosis'' September 18, 2012

''Fitch 50 - Structural Profiles of 50 Leveraged Credits'' July 26, 2012

''For-Profit Hospital Insights: Fitch''s Annual Review of Bad Debt Accounting Policies and Practices'' June 21, 2012

''For-Profit Hospital Quarterly Diagnosis'' June 6, 2012

Applicable Criteria and Related Research: U.S. Healthcare Recovery Models -- Third Quarter 2012

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=696209

Corporate Rating Methodology

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=684460

Recovery Ratings and Notching Criteria for Non-Financial Corporate Issuers

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=693773

U.S. Healthcare Stats Quarterly -- Second-Quarter 2012

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=689742

Hospitals Credit Diagnosis: Operating Trends Remain Weak but Solid Liquidity Supports Credit Profiles

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=688491

Fitch 50 -- Structural Profiles of 50 Leveraged Credits - Amended

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=685134

For-Profit Hospital Insights: Fitch''s Annual Review of Bad Debt Accounting Policies and Practices

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=681330

For-Profit Hospital Quarterly Diagnosis

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=680916

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY''S PUBLIC WEBSITE ''WWW.FITCHRATINGS.COM''. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH''S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE ''CODE OF CONDUCT'' SECTION OF THIS SITE.

Contacts

Fitch Ratings
Megan Neuburger
Senior Director
+1-212-908-0501
Fitch, Inc.
1 State Street Plaza
New York, NY 10004
or
Robert Kirby
Director
+1-312-368-3147
or
Media Relations
Brian Bertsch
+1-212-908-0549
brian.bertsch@fitchratings.com


Source: Fitch Ratings

View this news release online at:
http://www.businesswire.com/news/home/20121214005371/en




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