Fitch affirms King's Daughters Medical Center's 'A-' rating

Fitch Ratings has affirmed the "A-" rating on Ashland, Ky.-based King's Daughters Medical Center's $228.6 million of bonds.

The rating affirmation is based on a number of factors, including KDMC's rebounding profitability.

The outlook is negative, reflecting KDMC's weakened liquidity and declining inpatient and outpatient utilization.

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