Moody's Investors Service has revised Providence-based Lifespan Rhode Island Obligated Group's outlook to stable from negative.
The outlook revision reflects Moody's Investors Service's expectation that Lifespan will continue to improve its financial performance over the next several years.
Moody's also affirmed the "Baa2" rating on Lifespan's $300 million of debt and its "Baa2" issuer rating.
The rating affirmation is based on a number of factors, including Lifespan's large size, leading market share and role as a provider of unique medical care and teaching services in the state.