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Columbia/HCA to report over 1 billion dollar Q4 loss
Columbia/HCA Healthcare Corp says it will post a fourth quarter loss exceeding 1 billion dollars as it restructures and faces a sweeping government investigation. The company plans write offs of 1.25 to 1.35 billion for hospitals and facilities to be sold plus 375 to 425 million in continuing costs. Sales fell about 10 percent versus 1996.
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Nashville, Tenn
Columbia
HCA Healthcare Corp
Wall Street
New York Stock Exchange
Sandy Lutz
Thomas Frist Jr
the Com
Pany
Value
ValueHealth Benefits Management Company
Value Behavioral Health
Richard Scott
David Vandewater