Moody's Investors Service has affirmed the "Ba1" rating on New Brunswick, N.J.-based Saint Peter University Hospital's outstanding debt of approximately $158 million.
The rating affirmation is based on several factors, including Saint Peter's second consecutive year of stable financial performance.
Saint Peter's also faces several challenges, including its location in a competitive service area.
The outlook is stable, reflecting Moody's Investors Service's expectation that Saint Peter's financial performance will remain on par in fiscal year 2016 despite increased revenue pressure.