Saint Peter’s University Hospital upgraded

New Brunswick, N.J.-based Saint Peter’s University Hospital, the largest part of Saint Peter’s Healthcare, was upgraded to “Baa2” from “Baa3,” Moody’s said Aug. 25.

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The move comes as the system shows robust cash flow margins and continues its niche service offerings for women and children. The outlook was revised to stable from positive.

The system reported $587 million in revenue in fiscal 2022.

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