The ratings agency also removed the health authority from CreditWatch negative.
The outlook is stable, reflecting S&P’s opinion the health authority’s pledged revenue will remain steady and it will provide adequate debt service coverage.
More articles on healthcare finance:
Fitch affirms ‘BB’ rating on Marietta Memorial Health System’s bonds
S&P assigns ‘AA-/A-+’ rating to Hospital Sisters Health System’s bonds
Moody’s affirms ‘Aa3’ rating on Partners HealthCare’s bonds
