Moody's Investors Service has revised Annapolis, Md.-based Anne Arundel Health System's outlook to positive and affirmed the "A3" rating on approximately $335 million of rated debt.
The outlook revision reflects Moody's expectation that further balance sheet metric improvement will follow continued generation of strong operating cash flow.
The rating affirmation is based on several factors, including AAHS' stable market position, trend of strong cash flow generation and healthy patient demand.