S&P upgrades Norman Regional Health System's rating to 'BBB'

S&P Global Ratings has raised its long-term and underlying ratings on Norman (Okla.) Regional Health System's revenue debt to "BBB" from "BBB-".

"The upgrade reflects improvement in operating performance in fiscal 2015, with continued improvement year-to-date through the first nine months of fiscal 2016," said S&P analyst Margaret McNamara.

The outlook is stable, reflecting NRHS' solid market position, record of improved earnings and strong balance sheet.

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