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

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

Business Wire

NEW YORK -- March 26, 2013

Link to Fitch Ratings' Report: U.S. Healthcare Recovery Models - Fourth
Quarter 2012

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=704540

Fitch Ratings has published updated recovery analyses for the U.S. for-profit
hospital operators rated below 'BB-', including:

--Community Health Systems, Inc.;

--HCA Holdings Inc.; and

--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' (Nov.
13, 2012);

--'High-Yield Healthcare Checkup: Comprehensive Analysis of High-Yield U.S.
Healthcare Companies' (Jan. 30, 2013);

--'U.S. Healthcare Stats Quarterly: Third-Quarter 2012' (Jan. 8, 2013);

--'2013 Outlook: U.S. Healthcare - Navigating a Dynamic Operating and
Regulatory Environment' (Nov. 29, 2013);

--'Hospitals Credit Diagnosis'(Sept. 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).

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. FITCH MAY HAVE PROVIDED ANOTHER
PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS
OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN
EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER
ON THE FITCH WEBSITE.

Contact:

Fitch Ratings
Megan Neuburger, +1-212-908-0501
Senior Director
Fitch Ratings, Inc.
One State Street Plaza
New York, NY 10004
or
Robert Kirby, +1-312-368-3147
Director
or
Media Relations:
Brian Bertsch, New York, +1 212-908-0549
brian.bertsch@fitchratings.com
 
Press spacebar to pause and continue. Press esc to stop.