Skip to main content

Fitch revises Lifespan, RI's rating outlook to negative; affirms IDR and revs at 'BBB+'

By Fitch Ratings  
   September 21, 2022

The outlook revision to Negative reflects the continued disruption of operations, with notably weaker operating results through the third quarter of fiscal 2022 ended June 30th. Performance was driven by elevated labor costs, lower than expected volumes due to closed beds and staffing shortages, as well as inflationary pressure for non-labor costs.

Full story

Tagged Under:

Get the latest on healthcare leadership in your inbox.