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Georgia hospital awaits word on financial bailout

 |  By HealthLeaders Media Staff  
   October 22, 2008

Clayton County, GA's only hospital must wait several more weeks to learn if the county's government will move forward with a financial bailout. Southern Regional Health System Chief Executive Officer Edward Bonn appeared before the Clayton County Commission, but he did not have an audit of the hospital's finances and was unable to answer commissioners' concerns about the shaky economy. The 331-bed hospital has asked the county to back a $95 million bond to help retire debt, fund infrastructure improvements, and buy new technology.

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