Standard & Poor's Ratings Services said it revised its outlook to positive from stable and affirmed its BBB-minus rating on the $130 million series 2007A and 2007B bonds issued by the New Jersey Health Care Facilities Financing Authority for Trinitas Regional Medical Center.

"The positive outlook reflects TRMC's ample and growing cash and investment balances, which help compensate for weaker earnings levels," said Standard & Poor's credit analyst Cynthia Keller. "TRMC has posted stable earnings for the past three audited years with positive results expected again in 2012 but debt service coverage and margins remain thin and below rating category medians and will need to improve sufficiently before we can raise the rating," said Keller.

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