After making headlines recently with announcements of company-wide down grading, Mountain States Health Alliance is receiving some good news.

The financial agency of Standard & Poor's confirmed that Mountain States has a BBB+ grade with a 'stable' outlook.

Alan Levine, the president and CEO of Mountain States Health Alliance, says he is proud the agency has recognized the strength of the company given the recent downgrades.

The recent good grade from the agency gives hope to the company, which says it has been blasted by high transformation costs due to the Affordable Care Act.