S&P revises Mercy Health Services' outlook to positive

S&P Global Ratings revised Baltimore-based Mercy Health Services outlook to positive from stable.

Concurrently, S&P affirmed its "BBB" long-term rating on the health system's bonds.

The outlook revision is a result of the Mercy Health Service's improving profitability margins and consistently strong cash flow, which is reducing leverage.

S&P acknowledged management's growth strategy that helped diversify its revenue base, extend its geographic reach and strengthen its financial profile.

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