Fitch Ratings last week removed its “rating watch evolving” designation from Novant Health’s revenue bonds and affirmed its AA-minus rating with a stable outlook. The change affected $757 million of revenue bonds issued for Novant by the North Carolina Medical Care Commission.

Fitch placed Novant on watch April 1 after it announced it would purchase a 27% stake in seven hospitals owned by Health Management Associates Inc. for $300 million.

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