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One New Jersey hospital closes, another expands
AP/Philadelphia Inquirer, August 11, 2008
JFK Medical Center in Edison, NJ, is looking to expand as Muhlenberg Regional Medical Center in Plainfield prepares to close.
Solaris Health System, which runs both hospitals, is seeking a $169 million bond issue to fund an expansion at JFK. Much of the money will go toward debt-restructuring, but $22.2 million will pay for capital improvements, including space for another 59 inpatient beds.
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