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Prospect News home > News index > List of issuers H > Headlines for Health Management Associates, Inc. > News item |
S&P ups Health Management view to stable
Standard & Poor's said that it revised its outlook on Health Management Associates Inc. to stable from negative and affirmed its B+ corporate credit and other ratings on the company.
S&P said that the rating on HMA reflects industry challenges, as well as the company's significant debt burden.
Slightly offsetting these concerns are the company's recent success in its turnaround efforts at reducing costs and increasing patient volumes, as well as the more conservative financial policy centered on steady reduction in debt leverage.
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