Moody's Investors Service affirmed Cullman (Ala.) Regional Medical Center's "Ba1" rating, affecting $61 million of outstanding rated revenue bonds.
The rating affirmation is based on a number of factors, including Cullman's multiyear improvement in operating performance, strengthened balance sheet and favorable market position.
The outlook is stable, reflecting Moody's Investors Service's expectation that Cullman will be able to maintain its adequate operating performance.