S&P Global Ratings revised Minot, N.D.-based Trinity Health's outlook to stable from negative.
"The revision to stable outlook reflects Trinity Health's improved operations and balance sheet through fiscal 2016, increasing Trinity Health's financial position in the expectation of a sizable debt issuance within the next year," said S&P analyst Kevin Holloran.
S&P also affirmed the "BBB-" rating on Trinity Health's series 2006 revenue bonds.