Fitch: No Rating Action for Tufts Medical Center (MA) on BCBS Contract Negotiations
NEW YORK--(BUSINESS WIRE)-- Fitch Ratings is not taking rating action in response to the breaking off of negotiations between Tufts Medical Center (TMC) and Blue Cross Blue Shield of Massachusetts, regarding the renewal of TMC's health insurance contract. The current contract expires at the end of January 2012. Fitch will continue to monitor the situation and take rating action as appropriate. Fitch currently rates TMC 'BBB' with a Stable Outlook.
Additional information is available at 'www.fitchratings.com'.
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Fitch Ratings
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Director
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or
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Senior Director
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sandro.scenga@fitchratings.com
KEYWORDS: United States North America Massachusetts New York
INDUSTRY KEYWORDS: Professional Services Finance
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