Fitch Downgrades Memorial Health Services, CA to 'A+'; Outlook Stable

Fitch Ratings – San Francisco – 01 May 2026: Fitch Ratings has downgraded the revenue bond rating to ‘A+’ from ‘AA-‘ on the various debt issued by the California Health Facilities Financing Authority and Memorial Health Services on behalf of Memorial Health Services, CA (d/b/a MemorialCare). Fitch has also downgraded Memorial Health Services’ Issuer Default Rating (IDR) to ‘A+’ from ‘AA-‘ and affirmed the ‘F1+’ short-term rating on its outstanding self-liquidity debt. The Rating Outlook is Stable.

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