Moody's upgrades Dickinson County Healthcare System's outlook to stable

Moody's Investors Service has affirmed Iron Mountain, Mich.-based Dickinson County Healthcare System's "Ba2" rating and upgraded the system's outlook to stable from negative.

The affirmation was supported by a number of factors, including the system's distinctly leading market position over a broad service area.

Dickinson County Healthcare System also faces some challenges, which were considered for the rating affirmation, such as maintaining weak liquidity metrics relative to like-size peers.

The outlook upgrade reflects the system's rebound in financial performance and liquidity in fiscal year 2014, according to Moody's.

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