Moody's Investors Service affirmed the "A1" rating on Albany, Ga.-based Phoebe Putney Memorial Hospital's $102 million of fixed-rate bonds.
The rating affirmation is based on a variety of factors, including the hospital's leading market share position and overall good financial results.
The outlook is stable, reflecting Moody's Investors Service's expectation that the hospital's 2017 performance will improve and the hospital's absolute cash balances will increase.