S&P has revised its outlook on Hardin Memorial Hospital in Elizabethtown, Ky., to positive from stable.
"The outlook revision reflects our anticipation that HMH will maintain the operating improvements of the first 10 months of fiscal 2015 and unrestricted reserves of no less than 100 days' cash," said Brian Williamson, an S&P credit analyst.
S&P also affirmed the underlying "BBB" rating on the hospital's $38.84 million of series 2013 revenue bonds.
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