S&P revises Phoebe Putney Memorial Hospital’s outlook to stable

S&P Global Ratings has revised the outlook to stable from negative and affirmed the “A+” rating on Albany, Ga.-based Phoebe Putney Memorial Hospital’s debt.

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“The outlook revision reflects our assessment of Phoebe’s improved overall financial performance, solid balance sheet metrics and our expectation that operating improvement will continue,” said S&P analyst Margaret McNamara.

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