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Published on 3/14/2007 in the Prospect News Convertibles Daily.

Fitch puts Sierra Health on positive watch

Fitch Ratings said it placed Sierra Health Services, Inc.'s BBB issuer default rating and BBB- senior debt rating on Rating Watch positive following the announcement that UnitedHealth Group will acquire all of the company's outstanding shares.

The Rating Watch positive status reflects the agency's view that the acquisition will significantly improve Sierra Health's financial and business profile due to UnitedHealth's leading position in the health insurance and managed care sector and its well-established competitive positions across customer segments and in a number of major markets.


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