Moody's Investors Service has revised the outlook to positive from stable on Hollywood, Fla.-based South Broward Hospital District, which is doing business as Memorial Healthcare System.
The outlook revision reflects Moody's Investors Service's expectation that the system's liquidity and margins will remain strong.
Moody's also assigned an "Aa3" rating to South Broward Hospital District's proposed series 2016 fixed rate bonds and affirmed the "Aa3" rating on its outstanding rated debt. The assignment and affirmation are based on South Broward's dominant market position and strong balance sheet measures.