A forecast from one credit rating agency indicates Butler Health System’s finances are trending in the right direction.

Fitch Ratings issued a report on Tuesday, Dec. 2, revising its “rating outlook” for Butler Health System from negative to “stable,” indicating the agency is seeing continued financial improvement and it does not expect Butler Health’s bond rating to change in either direction anytime soon.

The outlook improvement comes off the heels of last month’s announcement Independence Health System, the parent of Butler Health System, had signed a letter of intent to merge with West Virginia University Health System.

Although Fitch adjusted its outlook for Butler Health System, it did not change the actual bond rating, which remains at BB+. Fitch last adjusted its rating for Butl

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