...- Community Health Systems Inc. has successfully improved its credit profile through its asset divestiture program and debt reduction efforts. - We raised our issuer credit rating on Community Health Services to 'B-' from '###+'. The outlook is stable. - We raised our issue-level rating on the company's first-lien secured debt to 'B' from 'B-'. The recovery rating remains '2' reflecting our expectation for substantial (70%-90%; rounded estimate: 70%) recovery. - At the same, we raised our issue-level rating on Community's junior priority notes and unsecured debt to '###' from '###-'. The recovery rating remains '6' reflecting our expectation for negligible (0%-10%; rounded estimate: 0%) recovery in a default. - The stable outlook reflects our view that the company's operations, including much improved cash flow prospects, can now support its lower debt level and now-manageable debt maturity schedule....
