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Bristol, PA-based Lower Bucks Hospital files for bankruptcy

Philadelphia Inquirer, January 14, 2010

Bristol, PA-based Lower Bucks Hospital has filed for Chapter 11 bankruptcy protection. The 183-bed hospital, which has lost $14 million over the last three years, has been considering offers of sale for years. Hospital spokesman John Coffman told the Philadelphia Inquirer bankruptcy would make Lower Bucks a "more financially stable hospital." He blamed the hospital's financial predicament, in part, on charity care, which has increased from $2 million a year in 2002 to $12 million now.