SAN FRANCISCO (Standard&Poor's) Sept. 30, 2010--Standard&Poor's Ratings Services revised the rating outlook on Ward County, N.D.'s series 2006 and series 1996B revenue bonds, issued for the Trinity Obligated Group (Trinity Health), to stable from negative. At the same time, Standard&Poor's affirmed its 'BBB+' long-term rating on the bonds. "The outlook revision reflects our view of Trinity Health's improved operating performance in fiscal 2010 and balance sheet metrics that, while still light for the rating, appear to have stabilized following several years of declines," said Standard&Poor's credit analyst Kenneth Gacka. Trinity Health's margins dropped in fiscal 2006, and fell to their lowest levels in fiscal 2009. However, the system recorded much better financial
