S&P revises St. John’s Medical Center’s outlook to positive

S&P has revised the outlook to positive and affirmed the “BBB+” long-term rating on Jackson, Wyo.-based St. John’s Medical Center’s series 2011B hospital revenue bonds.

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“The outlook revision reflects our view that, with continued revenue growth, sound operating results and balance sheet metrics that remain generally aligned with comparable ‘A-‘ rated hospitals, we could upgrade SJMC within the two-year outlook period,” said S&P credit analyst Allison Bretz.

More hospital outlook and credit rating actions:
Moody’s assigns ‘MIG 1’ to Avita Health System’s notes
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