Moody's Investors Service has revised its outlook to positive from stable on Texas Health Resources in
The outlook change is based on the expectation that THR will continue to generate strong cash flow to maintain good debt coverage measures, support capital spending plans and maintain or grow its liquidity.
THR has an "Aa3" rating, which reflects its position as a regional health system with a leading market share. THR's cash flow margins remain strong, and liquidity grew 24 percent in 2013 over 2012.
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