New Jersey’s largest health care provider, Saint Barnabas Health Care, was upgraded to investment grade last week, with both Standard & Poor’s and Fitch Ratings boosting the credit to BBB-minus from BB-plus.

Citing improved liquidity and operating results, Fitch upgraded $856.5 million of debt sold for Saint Barnabas by the New Jersey Health Care Facilities Financing Authority and New Jersey Economic Development Authority. The outlook is positive.

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