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S&P: HealthSpring to positive
Standard & Poor's said that it revised the outlook on HealthSpring Inc. to positive from stable and affirmed the B+ counterparty credit rating on the company and the B+ ratings on the company's debt.
The outlook revision is based on the view that HealthSpring's credit profile is maturing to a level consistent with a higher rating category because of its improving business and financial risk fundamentals, the agency said.
The ratings consider a more favorable view of the company's Medicare Advantage market given the added clarity regarding the new payment methodology and rates for 2012, the agency added.
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