NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'BBB+' rating on approximately $98.1 million of series 2012A Maryland Health and Higher Educational Facilities Authority revenue bonds issued on behalf of Frederick Memorial Hospital (FMH). The Rating Outlook is Stable. FMH also has $66.1 million outstanding in series 2012B bonds (privately placed with BB&T Bank), which Fitch does not rate but incorporates into the analysis. SECURITY The bonds are secured by a pledge of gross receipt