Moody's upgrades Mother Frances Hospital Health Care Center's rating to 'A3'

Moody's Investors Service has upgraded the rating to "A3" from "Baa1" on Tyler, Texas-based Mother Frances Hospital Regional Health Care Center's bonds, affecting approximately $140 million of rated debt.

The upgrade is based on a number of factors, including the system's two years of improved financial performance and its recent affiliation with Irving, Texas-based CHRISTUS Health.

The outlook is positive, reflecting Moody's Investors Service's expectation that the system will maintain and improve its financial performance.

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