S&P has affirmed its "A+" rating on series 2009 revenue bonds issued on behalf of Augusta, Ga.-based University Health and upgraded the system's outlook to stable from negative.
"The outlook revision reflects our assessment of University Health's improved overall financial performance, solid balance sheet metrics and health volume," said Margaret McNamara, an S&P analyst.
The rating agency also affirmed University Health's "A+" issuer credit rating.
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