NEW YORK (Standard&Poor's) Sept. 26, 2013--Standard&Poor's Ratings Services said that it revised its outlook to stable from negative on the series 2008 bonds issued by the New Jersey Health Care Facilities Financing Authority for St. Joseph's Healthcare System (SJHS). Standard&Poor's also affirmed its 'BBB-' rating on the bonds. "The outlook revision reflects improved operating performance and balance sheet, with margins, coverage, and days' cash more in line with the rating," said Standard&Poor's credit analyst Jessica Goldman, "and in addition, we feel that management's efforts to reduce costs and strategies to boost volumes will position the organization to generate results in line with the rating in the future." More specifically, the 'BBB-' rating
