S&P Global Ratings has raised its long-term and underlying ratings on Norman (Okla.) Regional Health System's revenue debt to "BBB" from "BBB-".
"The upgrade reflects improvement in operating performance in fiscal 2015, with continued improvement year-to-date through the first nine months of fiscal 2016," said S&P analyst Margaret McNamara.
The outlook is stable, reflecting NRHS' solid market position, record of improved earnings and strong balance sheet.
More articles on healthcare finance:
7 things to know about provider-based billing
For-profit hospital stock report: Week of June 6-10
Moody's affirms Hartford HealthCare's 'A2' rating