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Hospitals il from more bad debt credit troubles
Hospitals nationwide face growing bad debts and tighter credit as care demand stalls. Shands AGH in Gainesville will shut next fall, transferring staff and patients to a larger teaching hospital to save about 65 million dollars over three years. Moody's warns higher borrowing costs and slower plans for new wings as uninsured and high deductible patients delay care.
MENTIONED IN THIS ARTICLE
Trenton
Gainesville
Shands Healthcare
Florida
Shands Agh
U.S
Shands
Newark
N.J
Beverly Hills
Calif
Tuck Crocker
Management Consultant
Bearing Point
Moody’s Investors Service
Moody's
Paul Keckley
Deloitte Center For Health Solutions
Tim Goldfarb
Goldfarb
New Jersey
Hawaii
Mike Killian
Beaumont
Subur
Detroit
Killian
Rich Ambdenstock
American Hospital Association