Moody's Investors Service has revised Voorhees, N.J.-based Kennedy Health System's outlook to stable from positive.
The outlook revision reflects Moody's Investors Service's expectation that Kennedy will continue to generate favorable operating performance while maintaining solid balance sheet metrics.
Moody's also affirmed Kennedy's "A3" rating on $63.6 million of outstanding bonds. The affirmation is based on Kennedy's strong operating performance and favorable volume growth.