Moody's upgrades Mary Washington Healthcare rating to 'A3'


Moody's Investors Service has upgraded its rating for Fredericksburg, Va.-based Mary Washington Healthcare from "Baa1" to "A3."

The upgrade reflects Moody's expectation that the hospital will continue to improve its relative liquidity position and debt metrics after implementing an IT revenue cycle conversion.

The rating outlook has been revised from positive to stable.

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