Standard & Poor’s revised the outlook to stable from negative on about $179.1 million of Centra Health Inc.’s Series 2004 A-F bonds issued by the Lynchburg Industrial Development Authority, reflecting “substantially improved operating results in 2007.”

The Series 2004 bonds are auction-rate securities that Centra plans to restructure by July 2008, said Standard & Poor’s, the only agency rating the debt.

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