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Fitch ups KH outlook, but lowers rating
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Fitch Ratings upgraded its financial outlook for KershawHealth from “negative” to “stable” July 17, according to press releases issued by the ratings firm and KershawHealth on Tuesday. KershawHealth said Fitch upgraded the outlook as a reflection of the healthcare organization starting to implement its strategic plan. However, Fitch also downgraded KershawHealth’s bond rating from BBB+ to BBB, “reflecting the financial challenges that have been reported publicly,” KershawHealth said in its release.