Moody's Investors Service affirmed the "Baa2" rating on Plainsboro, N.J.-based Princeton Health Care System's bonds, affecting approximately $188 million in debt.
The ratings affirmation is based on several factors, including PHCS' leading market share position and multiyear growth metrics.
The outlook is stable, reflecting Moody's Investors Service's expectation PHCS' recent financial improvement will continue given better reimbursement, revenue growth and expense control initiatives.