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| Prospect News home > News index > List of issuers H > Headlines for HCA Healthcare, Inc. > News item |
Fitch upgrades HCA
Fitch Ratings said it upgraded HCA, Inc.'s and HCA Healthcare Inc.'s ratings, including the long-term issuer default ratings to BB+ from BB.
“The upgrade to BB+ reflects Fitch's expectation that HCA will sustain leverage below 3.5x. The upgrade also reflects HCA's improving operating margins and recovering admissions following pandemic-driven declines in 2020,” the agency said in a press release.
Fitch said it projects cash flow from operations of $7.7 billion in 2021 and CFFO after capex to debt of 11%.
The outlook is stable.
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