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Fitch Ratings affirms A+ for St. Clair Hospital bond debt

By Pittsburgh The Tribune-Review
Saturday, Sept. 24, 2011

Fitch Ratings on Thursday affirmed its A+ rating on St. Clair Hospital's $28.5 million in bond debt and said its outlook on the hospital was stable.

St. Clair, a 328-bed hospital in Mt. Lebanon, is experiencing growth in patient volume, "which is contrary to regional and national trends," Fitch said.

And the hospital's profitability also is increasing, with St. Clair recording its best profit margin from operations, of 5.3 percent, ever this year, Fitch said.



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