S&P Global Ratings has assigned an "A" long-term rating to University of Cincinnati Health's $210 million of series 2016 bonds.
"The rating reflects our opinion of UC Health's sound business position, sustained improvement in operations, still fairly modest debt levels and ongoing support from supplemental revenue sources," said S&P analyst Suzie Desai.
The outlook is stable, reflecting S&P's opinion of UC Health's improving enterprise and financial profiles.
More hospital outlook and credit rating actions:
Fitch assigns 'AA' rating to University of Chicago Medical Center's bonds
Moody's assigns 'Aa3' rating to University of Chicago Medical Center's bonds
Moody's assigns, upgrades UC Health's rating to 'A2'