S&P has raised its rating on series 2014A and 2014B bonds issued on behalf of Leesburg-based Central Florida Health Alliance to "A-" from "BBB+."
Jessica Goldman, an S&P analyst, said CFHA's sustained operating and balance sheet improvement in recent periods put its credit profile in line with the higher rating.
The rating upgrade was also based on CFHA's strong enterprise profile, which is characterized by its dominant market share in a growing service area.
CFHA's rating outlook is stable.
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