Word: hillhaven
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...lead sponsors for the event include The Hillhaven Corporation and McLean Hospital, a psychiatric hospital affiliated with Harvard's medical school...
...high cost to expand and diversify into such related businesses as drugstores and retirement communities. Some of the largest chains net only 5% or 6% yearly on investment v. an average of 10% for all of U.S. industry last year. The stocks in several big chains have dropped sharply; Hillhaven and National Health Enterprises are down more than 60% from their 1968 highs...
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