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Downey hospital files for Chapter 11 to escape HMO contracts
Los Angeles Times - Lisa Girion

Downey Regional Medical Center filed for Chapter 11 bankruptcy protection Monday, saying it would use the process to get out of money-losing HMO contracts. The private, not-for-profit, 199-bed hospital said that it expected to emerge from bankruptcy within a year and that all services would remain open. It is near the intersection of the 5 and 605 freeways.

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