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Section: Rating - Fitch Ratings has assigned an 'A' rating to the New Hampshire Health and Education Facilities Authority's expected issuance of approximately $50 million revenue bonds, series 2011 (Concord Hospital and Subsidiaries). In addition, Fitch has affirmed the 'A' rating on Concord Hospital and Subsidiaries' (Concord) approximately $95 million outstanding bonds.
The Rating Outlook is Stable.
RATING RATIONALE: --Concord maintains a dominant market share in a stable socioeconomic service area; --Strategic initiatives including an expanded physician alignment strategy, the development of specialty service lines and investment in information technology have contributed to Concord's solid financial profile with consistent operating results and …