Fitch Ratings has affirmed its 'BBB' rating on the Colorado Health Facilities Authority's approximately $43.3 million revenue bonds, series 1998, 1998B, and 2005, issued on behalf of National Jewish Health (NJH). The Rating Outlook is Stable.The rating rationale reflects National Jewish Health's improving financial and operating profile, which is buoyed by NJH's recent expansion of outpatient service lines and investments in clinical and research faculty. At fiscal year-end (FY) 2009, NJH posted an operating loss of $1.9 million, exceeding budget and comparing favorably to the $5.3 million loss in the prior year. In addition, NJH's balance sheet metrics show improvements
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