S&P upgrades Wise Health System’s bond rating to ‘BBB-‘

S&P Global Ratings upgraded its rating to “BBB-” from “BB+” on Decatur (Texas) Hospital Authority’s series 2014 hospital revenue bonds. The hospital authority does business as Wise Health System.

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The upgrade is a result of several factors, including Wise Health’s leading market position, favorable payer mix, solid debt service coverage and positive operating margins.

The outlook is stable, reflecting Wise Health’s strong business position.

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