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NJ Hospital Hits Ch. 11 As It Waits For State To Clear Sale

By Martin Bricketto ( August 10, 2015, 8:09 PM EDT) -- Newark, New Jersey-based Saint Michael's Medical Center Inc. filed for Chapter 11 protection on Monday as it continues to await the state's approval of its proposed sale to Prime Healthcare Services, blaming uncertainty surrounding the hospital's future as well as reimbursement and debt woes....

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