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S&P affirms United Surgical Partners
Standard & Poor's said it affirmed its ratings on United Surgical Partners International Inc., including the BB- corporate credit rating and removed them from CreditWatch, where they were placed with positive implications on Oct. 28.
The outlook is stable.
S&P said that the ratings on United Surgical continue to reflect the company's narrow operating focus as an owner and operator of surgical facilities, and its aggressive growth strategy and third-party reimbursement risks.
Attractive industry demand characteristics, disciplined operating performance and a diverse payor base partially mitigate these risks, the agency added.
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