The Spartanburg Regional Health System was downgraded last week to A-plus from AA-minus by Fitch Ratings as a new facility has failed to fill beds as anticipated.

In October 2008, the system opened a 48-bed, long-term, acute care center to complement its main 588-bed hospital. But patient volume at the Village Hospital at Pelham was lower than expected and the new facility has been losing money.

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