<0> Fitch Updates Recovery Analyses for U.S. For-Profit Hospital Operators </0>
Fitch RatingsMegan NeuburgerSenior Director+1-212-908-0501Fitch, Inc.1 State Street PlazaNew York, NY 10004orRobert KirbyDirector+1-312-368-3147orMedia RelationsBrian Bertsch+1-212-908-0549
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 '' under the following headers:
Rating and Research>>Corporate Finance>>Leveraged Finance>>U.S. Leveraged Finance>>Healthcare Recovery Models
Additional information is available at ''.
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
Corporate Rating Methodology
Recovery Ratings and Notching Criteria for Non-Financial Corporate Issuers
U.S. Healthcare Stats Quarterly -- Second-Quarter 2012
Hospitals Credit Diagnosis: Operating Trends Remain Weak but Solid Liquidity Supports Credit Profiles
Fitch 50 -- Structural Profiles of 50 Leveraged Credits - Amended
For-Profit Hospital Insights: Fitch's Annual Review of Bad Debt Accounting Policies and Practices
For-Profit Hospital Quarterly Diagnosis
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