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Operating margins shrink at rural hospitals

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Source: The Transylvania Times

The lights inside Sharon Regional Medical Center went dark this month, hours after employees of the beleaguered hospital received an email announcing its immediate closure.Mounting debt, missed payrolls, past-due taxes, and a massive unpaid electric bill preceded the revocation of its operating license by the Pennsylvania Department of Health.kAm%96 56E2:=D 5:776C6?E:2E6 $92C@? 7C@> @E96C CFC2= 724:=:E:6D DECF88=:?8 E@ DE2J @A6?[ 3FE E96 6?5 C6DF=E 7@C 4@>>F?:E:6D :D E96 D2>6i p =@DE 9@DA:E2=[ 2 92C>65 =@42= 64@?@>J[ 2?5 A@E6?E:2==J H@CD6 962=E9 @FE4@>6D]k^AmkAm“(96? 9@DA:E2=D 92G6 E@ C65F46 D6CG:46D @C F=E:>2E6=J 92G6 E@ 4=@D6[ :E’D ?@E ;FDE 2? :>A24E @? 2446DD E@ 42C6 3FE 2=D@ @? E96 =@42= 64@?@>J] w62=E942C6 56D6CED 42? G6CJ BF:4<=J 364@>6 64@?@>:4 56D6CED] %96J C62==J 2446=6C2E6 A@AF=2E:@? 564=:?6 2?5 9FCE =@42= 64@?@>:6D[” }:4@=6 $E2==:?8D[ AC6D:56?E 2?5 rt~ @7 E96 w@DA:E2= 2?5 w62=E9DJDE6> pDD@4:2E:@? @7 !6??DJ=G2?:2[ D2:5]k^AmkAm#FC2= 9@DA:E2=D 24C@DD E96 &]$] 2C6 :?

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Read the original at The Transylvania Times

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