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St. Francis Hospital Files For Bankruptcy

St. Francis Hospital Files For Bankruptcy

St Francis Hospital in Poughkeepsie has filed for Chapter 11 bankruptcy protection and Health-Quest has made a 40 million dollar bid to take over its competitor.  The Poughkeepsie Journal reporting that St. Francis owes creditors more than 50 million dollars.  According to the Journal, St. Francis will remain open during the bankruptcy procedure, but then a consolidation process would likely take place with Vassar Brothers Medical Center.
 

 

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