CHICAGO -- Suburban Detroit’s Crittenton Hospital Medical Center Tuesday will price $108 million of hospital revenue bonds to raise money for a new patient tower and shift a chunk of its variable-rate demand bonds into a fixed-rate mode.

Crittenton is a stand-alone provider that operates a 243-bed acute-care hospital in Rochester, a wealthy city about 30 miles from Detroit that is home to Chrysler’s headquarters. Crittenton is Rochester’s only hospital, though it operates in the larger, highly competitive health care landscape of regional Detroit.

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