S&P raises Palomar Health's ratings to 'A'

S&P Global Ratings has raised the rating to "A" from "BBB+" on Escondido, Calif.-based Palomar Health's outstanding debt.

"While Palomar Health's financial profile remains vulnerable with a high debt load, modest unrestricted reserves and pressured operations, its overall financial profile has improved incrementally in every way," said S&P analyst Jen Hansen.

The outlook is stable.

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