Allegheny will reduce earnings by millions
Article Abstract:
Allegheny Health System may cut its 1997 financial results by $100 million or higher, according to sources close to Allegheny's finances. Officials of Allegheny confirmed that their financial statements for 1997 are not accurate and will have to be drastically altered downward, but that they cannot speculate by how much because of an on-going review. Meanwhile, Allegheny requested the judge hearing its bankruptcy filing to appoint a new accounting firm in place of Coopers & Lybrand, which is now part of Pricewater-houseCoopers.
Comment:
May cut its 1997 financial results by $100 million or higher, according to sources close to its finances
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 1998
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Bond rating reduced at L. Bucks Hospital
Article Abstract:
Moody's Investors Service has given Lower Bucks Hospital a lower bond rating, dropping it from B1 to B3 due to financial losses. The 183-bed Lower Bucks Hospital, which is owned by the troubled Temple University Health System, is located in Bristol Township.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 1999
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Remarkable success for breakaway hospital
Article Abstract:
Lower Bucks Hospital left the Temple University Health System in 2001 and has remained financially sound.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2003
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