(The following statement was released by the rating agency)
CHICAGO, November 18 (Fitch) Fitch Ratings has assigned a 'BB-'
Issuer Default
Rating to MedImpact Holdings, Inc. and its issuing subsidiary,
MI OpCo Holdings,
Inc. The Rating Outlook is Positive.
A full list of rating actions follows at the end of this
release.
KEY RATING DRIVERS
Smaller Scale in Consolidated Industry: MedImpact is a top-5
pharmacy benefit
manager (PBM) but is significantly smaller than its three
largest competitor
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