Fitch affirms Lifespan bond rating but downgrades outlook to negative

PROVIDENCE – Fitch Ratings downgraded their outlook for Lifespan Corp. from stable to negative, while affirming the health system’s revenue bond rating of BBB+, the ratings agency announced on Thursday. Fitch cited Lifespan’s “weakened operating results” as the impetus for the downgrade. It said that Lifespan would need to resolve its financial issues in the…

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