Word: plotner
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Dates: during 1980-1989
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...rapidly evolving, expensive medical technology created huge demands for money. Traditional revenue sources, such as philanthropy, tax-exempt bond issues and other public subsidies, are no longer enough. Between 1980 and 1990, U.S. hospitals will have to spend an estimated $150 billion on plant and equipment. Says Shephard Plotner, executive director of the Forkosh Memorial Hospital in Chicago: "It is going to be increasingly difficult for independent hospitals, particularly the smaller ones, to survive...
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