Moody's Investors Service has revised Winston-Salem, N.C.-based Wake Forest Baptist Medical Center's outlook to positive.
The outlook revision reflects Moody's Investors Service's expectation that WFB will maintain its current margins and increase cash flow over the next year.
Moody's also assigned an "A2" rating to WFB's $151.7 million of series 2016 bonds.
The rating assignment is based on a number of factors, including WFB's strengths as a large academic medical center with a solid clinical reputation, strong market share, and solid balance sheet.